As businesses evolve in the digital era, it’s affecting their needs when it comes to physical space in commercial properties. Broker-owners of commercial firms should take note of three trends Transwestern recently highlighted in its first quarter Insights report covering the retail, industrial, and multifamily sectors.1. Retail: The Rise of Mobile DataRetailers are getting more sophisticated in how they’re collecting mobile data about their
One in four U.S. adults say they are considering buying a home this year, which extrapolates to a whopping 59 million people, according to a recent survey by Bankrate.com.Minorities are expected to be big buyers this year. More than two in five black survey respondents said they were considering buying a home. That is more than double the percentage of potential white buyers.“Black homeowners were harmed in greater numbers by the housing crash
Many farmers are facing higher debt as a multiyear drop in prices for corn, wheat, and other commodities plagues on. That is pushing more farmers out of business. The Farm Belt will soon have fewer than 2 million farms, the lowest in years.Still, economists aren’t predicting the crisis to be as severe as the one that struck the Farm Belt in the 1980s, in which farmland values plummeted and interest rates soared.Economists expect farmland values
Atlanta, Ga., was the top moving destination in the U.S. for 2016, according to a newly released study by Penske Truck Rental, which reflects the company’s one-way rental truck data. Atlanta has claimed the top spot for the past seven years. Dallas-Fort Worth, Texas, continues to increase in moves, however.Take a look at the chart below to view the top moving destinations in the U.S.Source: Penske Truck Rental
More Americans are showing optimism toward their personal finances and the housing market, a reversal to a five-month decline in Fannie Mae’s Home Purchase Sentiment Index.In particular, Americans are more upbeat about home prices, home selling, their rising household incomes, and they’re less scared about losing their jobs, according to Fannie Mae’s Home Purchase Sentiment Index, a survey of 1,000 Americans in January about their attitudes
Pena Station Next is a high-tech neighborhood in Denver that is serving as a smart city lab to test different technologies and show what the future could hold. The neighborhood will feature autonomous shuttles and smart home technologies interweaved into everything from kitchen tables to the light pole outside a home.Panasonic, a partner in Denver’s smart city project, recently offered a sneak peak into what the neighborhood will have. So far,
Portland, Ore., city council members want to put a stop to landlords sticking renters with higher rents.Last week, City Council members approved a “relocation assistance” bill that is raising eyebrows of landlords across the country. Here’s what the new bill does: If a landlord raises the rent by more than 10 percent of a renter -- and doing so would force the renter to have to move -- the landlord will have to pay the tenant between $2,900
The chairman of the tax-writing House Ways & Means Committee joined REALTORS® at NAR’s 2017 Federal Policy Conference in Washington yesterday and urged them to stay engaged over the next year while lawmakers in Congress look at a full-scale reform of the country’s tax code.This year, tax reform is expected to be high on the list of priorities Congress and the new Administration are expected to take up. Reform of the seco
A month and change into 2017, how are your resolutions doing? "My what?" you may ask. If you have already given up on exercise because you never find the time, fitness site Darebee.com devised a 15-minute exercise plan you can do almost anywhere.The plan uses six quick movements repeated from 10 times (push-ups) to 40 (punches), with the six stages repeated three times for maximum effectiveness.None of the exercises require any equipment, althoug
Consumers view homeownership as a priority and say they’re willing to make significant compromises in order to purchase a home, according to a survey of more than 1,000 consumers considering a home purchase in 2017, conducted by the online brokerage firm Owners.com.Sixty-nine percent of survey respondents say they’re concerned they won’t have enough cash for a down payment in order to buy a home. As such, they’re willing to forgo some fin
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