How the Government Shutdown Could Affect Housing
We’re still in government shutdown mode at the time of this posting, the morning of January 22nd. News outlets have made aware how a government shutdown affects the average citizen; i.e., state parks are closed, passport offices closed, etc. But, how does the shutdown affect the housing market? More ways than you may think! Take a look at this article to read more.
Raising the roof: Will demand push industrial development to new heights?
Here’s more on the industrial development spike. This article specifically talks about populated urban areas like Miami seeing multistory warehouses. We may not see that exact type of building trend in Southwest Florida, but you can count on industrial development. In fact, it’s already happening, check out the Alico ITEC Park.
2018 Outlook for Top 4 Commercial Real Estate Sectors
According to this report, some commercial real estate sectors are about to level off or decline even, while sectors like the industrial land market are still on fire. Check out the Alico ITEC Park if you’re looking for industrial land.
Hamman talks North Fort Myers revitalization
North Fort Myers, or as the locals lovingly call it, NoFo, needs an invigorating kick in the rear and it may soon get it. The area hasn’t seen the economic growth that other parts of Southwest Florida have gained from. To be honest, it kind of has a stigma (hence the name NoFo isn’t that appealing). Commissioner Brian Hamman says the county is taking this on in the hopes of bringing more than just gas stations and storage units to the area. We’re all on board, check out the Estates at Entrada to see more.
$500B Smart City Under Construction Could Change The Course Of Human History
Here’s a read just for fun, a smart city twice the size of the state of New York is in the works. According to the development’s website, the city will have its own tax, labor laws and legal system, “Neom is positioned to become an aspirational society that heralds the future of human civilization.”
Lack of Market Clarity Will Amplify Focus on Specific Asset Classes
I’ve read a lot of updates lately on where commercial real estate is currently at in its cycle. This article says something I’ve yet to see so far, that it really depends on which market you’re talking about. Multifamily is in a different spot than senior housing, and each is in a different spot from single family. Here’s a little break down on a few markets that are worth the quick read.
How CRE Investors Could Cash in On the Tax Bill
There’s good and bad news for commercial real estate when it comes to the massive tax overhaul President Trump signed into effect. From putting more cash in your pocket to negatively affecting borrowing, here’s some in-depth information.
Hotbed of Innovation – Why Southwest Florida is attracting creative startups by young entrepreneurs
The first few lines of this article perfectly sum up our area, “No one is really confusing Southwest Florida with the next Silicon Valley”, lol. Could this idea change in the near future though? I’m sure a lot of people would like to see Southwest Florida be home to less traditional businesses. We’ve been at the top of national lists for areas poised for growth, so maybe we’re at the tip of the iceberg on what’s about to happen.
SBA Lowers 7(a) Equity Requirement
The Small Business Administration is saying ‘Happy Holidays’, here’s your gift: Lower equity requirements for its most popular loan type. This may create a nice little boost for small businesses across the nation, helping them grow in 2018.
Economy looks good — mostly
FGCU research group says Lee County is slowly still making a comeback, but this article also focuses on one major sector of business that seems to be the elephant in the room in this county. A lot of areas in the state with our same demographics have realized something very important that can’t be ignored for growth: young, startup companies. It’s a different time than it was when many of the forefathers of development in Lee County were beating the pavement for business. Rightfully so, many are wary after the bubble burst, but not capture this group of economy movers and shakers would be an opportunity lost.
Commercial Real Estate Displays Signs of a Maturing Cycle
Let’s take a look back at 2017, where we’re at in the commercial real estate cycle and what direction the economic influencers will be he headed.
Why CRE will look totally different in 5 years
Let’s go back to 2012 in commercial real estate, although I’m sure many would prefer to burn that thought. The industry was still waist-deep in a recession, with no idea when a recovery would be made, or how long it would take. Commercial real estate was full of short sales and foreclosures. There was no building going on, and if you owned commercial property, you likely had an impossible time finding a buyer. Nearly everyone lost money, and many lost everything. Now, let’s come back to the present where, even though things haven’t completely turned around and many are still wary of the market, it’s still a much better place than where we were 5 years ago. It just goes to show how much CRE can change in 5 years, and if you don’t think there are big changes coming in the next 5 years, you may want to read this.
What Apartment Renters Want
In Southwest Florida, you can’t go more than a few miles without seeing a new apartment complex being constructed. Apartments going on the market now, versus apartments 10 or more years ago look quite different. With new technology introduced almost daily, and a large share of the rental market taken up by Millennials, there’s a new list of apartment must-haves that span farther than a washer and dryer in unit.
6 Ways Millennials Are Influencing The Multifamily Market Of The Future
You just can’t escape Millennials, they’re about to take over everything simply based on sheer size. In fact, it’s projected there will be 70 million of them come 2024. Their influence on the multifamily market may be slight now, but it’s just a matter of time before it’s the only influence that will matter.
Why energy efficient investments will be huge for CRE success (Check out ITEC!)
Being eco-conscious used to be looked at as trendy and expensive. Costs to lower your carbon footprint in commercial real estate have come down considerably, and it’s no longer a trend, it’s a must as far as we’re concerned.
First Southwest Fla. community says yes to tiny homes
30-year mortgage rate falls below 4%
Passenger count soars year-over-year at RSW airport
Development Realty’s Newest Property, ITEC, making headlines
U.S. consumer confidence hits 15-year high
BUYING WHILE DIVORCED: WHAT YOU NEED TO KNOW TO MOVE FORWARD
Lee County Single Family and Commercial Activity Up
Fla. homebuyers 11 years older than the U.S. average
Builders to push entry-level market in 2017
3 Crucial Reasons You Should Buy a Home Before 2017 Ends
Strong fundamentals signal surge in South Florida industrial markets
FHA lowers borrowers’ mortgage insurance premiums
Older adults face housing troubles
Florida Dominates the List: Top 10 Cities Everyone’s Moving to in 2017
Here’s Your New Year’s Resolution: Buy a Home Early in 2017
6 Killer Mistakes You Can’t Afford to Make When Buying in the Winter
Why SWFL residents are moving east: “Out of reach: Many workers can’t afford a home in Southwest Florida as area booms”
Senior living options in Southwest Florida are expanding
Villages at Entrada sold to D.R. Horton
5 Reasons Buying A Tiny House Is A Mistake
The 10 Best Cities For Future Job Growth
D.R. Horton purchases 317-acre The Villages at Entrada
HOW GROUPS ACROSS THE COUNTRY ARE PARTNERING WITH, CONCEDING TO, OR BATTLING NEIGHBORHOOD GROUPS
Tight Housing Inventory Restraining Home Sales, But Builders May Shift Emphasis to Entry-Level Market
Leaders in Lee County plan for projected population boom
Cape Coral & Ft. Myers tied for 1st for best markets for real estate investing
Lehigh Acres ranked #3 for 2016’s Fastest Growing Cities
Why housing doesn’t care about the Fed
U.S. homebuilder sentiment hits one-year high
Florida home builders WCI and Lennar agree to merge
More renters staying in apartments as prices rise
8 real estate tech startups
REITs leaning on technology in portfolios
8 Things That Can Push Your Insurance Rates Through the Roof
Senior-Care Business Booms for Franchisers
Could Millennial Homeownership Be on the Rise?
Renovation ideas that owners may want to rethink
Real estate market returns to earth
Realtor.com sprinkles Yelp data onto listings
5 Tips For Choosing The Right Neighborhood
Florida housing numbers for june look good
Florida jumps to No. 10 best state for business
See why Florida ranks No. 1 for gross income in U.S.
SWFL Employment Health Rankings
National homebuilder invests nearly $35 million to acquire new property
U.S. mortgage rates nudge up, still near 3-year low point
More passengers traveling through RSW
8 critical trends in real estate
7 things to know today, plus how many construction jobs were added in May
How International Issues Affect Foreign Investment in U.S. Real Estate
The CRE 2016-2017 Top Ten Issues Affecting Real Estate
construction workers needed to keep up with building demand
if you’re not marketing your Florida real estate to this group, you should be
Questioning a remodel? You may want to read this.
Seven Property Types to Invest In This Year
Buyers seeking north cape coral and lehigh acres
Great booklet All about living, doing business and things to come in Lee County
biggest gain for new U.S. SF home sales in 24 years
Curbside Signs still a necessity in a digital world
Want Global clients? Realtor.org rolls out new tools
U.S. Census Bureau: Fort Myers & Bonita Springs Lead Florida’s Growth
We’re on Facebook, check us out!Link
How much the november election results could affect real estate
New Caps for Fannie and Freddie Should Help Drive Growth in Multifamily Sales in 2016
CRE tech companies leading the way according to new forbes survey
via forbes.com (download “CIT Commercial Real Estate Outlook: Key Findings” in article for full details)
South Florida Multifamily Construction Hitting a High Note
More Than half of renters plan to keep renting
via asrreport.com 4/29/16
7 things to know today, plus why housing market has Florida buyers optimistic
via bizjournal.com 4/29/16
2016 First Quarter Market News
In this newsletter learn what cities Forbes lists as the top markets to invest in for 2016. Plus, find out why the industrial sector is so hot with investors right now.