The current real estate trends are dominated by the economy’s
decisions and behavior; we are the ones who decide how we work or live or shop
our business. No other investment sector, apart from the real estate is
connected to the people’s lives and it is being designated as a continuous
evolution. According to Peter Linneman, who is a popular veteran in this field
and who has earned the title of “one of the popular, influential businessmen in
the field”, speaks about how real estate trends are being born in the society “
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The most popular fields which would be affecting the real
estate business would be many; demography, technology and graphics. Some would
greatly affect its growth, others will just fall away with its development or
growth. The whole real estate business is a cyclical market; sometimes you
would be able to witness its changes and otherwise, you would not be able to.
So if you are travelling on the investment route, it would be good if you keep
some important tips in your mind. How the real estate business would be in the
coming years and how would it be changed in the year 2039? Let us have a closer
look at the subject:
Predictions about the US real estate market
The shopping malls are going to be
extinct in the coming years and that is not going to be a grand news for
everyone..
According to Kenneth Rigs, who works
as the CEO of the Real Estate Research Corporation, most of the American Malls
are going to be extinct and this would not be a gradual fall (fortunately as
the investors would find the time to sell the same, at lower prices). American
Malls have already entered a Darwinian environment, that counts back to the
early 1990s. This is because of the advent of the e-commerce businesses, and
only the ones which have stayed up in the business for the last 25 years would
be strong in the market. They would be facing a slow “fall of the business”. As
the online retailing, further goes deep, you would again see a panel of dead
malls and they can measure the land, which is being built in. These malls are
going to be converted to town centers, where all the people would gather and
they would tell the usual stories of how “the mall was developed and how it was
devastated.”
Technology will be impacting the
brick and the mortar structures and the warehouses will now enter the drawing
board
Brick and mortar structures are going
to get lined up with the eCommerce markets and they would adopt the policy of “
if you are not joining them, then it would be better to function as a single
unit.” The advantages of both eCommerce
and the “stay shops “ would be combined to produce a greater unit.Contact us for more details.