The adoption of electric vehicles has grown tremendously over the past year and a half. The trend will accelerate as consumer demand, which is being fueled by higher gasoline prices, tax incentives, funding from the Inflation Reduction Act, and the increased desire for environmental sustainability, continues to rise. For commercial real estate, the boost in electric vehicle use will create immense opportunities, as EV charging stations become sought after additions to properties ranging from multifamily dwellings to retail centers. … READ MORE >
The American housing deficit and what it takes to close it
At the end of last year, the U.S. was about 3.5 million homes short of the number required to maintain a stable market. … READ MORE >
The housing market will endure interest rate hikes
While low interest rates have contributed to the increased demand for housing, the factors driving the market go beyond low rates and include a thriving economy, favorable demographics and a limited supply. … READ MORE >
The hot housing streak endures: Spring 2022 outlook
Amid the ongoing pandemic, the real estate industry has shown significant opportunity and resilience. Check out RSM’s Real estate and construction industry outlook: Spring 2022 for trend … READ MORE >
Despite Zillow’s retreat, iBuyers show promise
Zillow’s exit from its iBuyer venture prompted the question: Is the business model flawed? As recent earnings reports from two of Zillow’s competitors showed, it’s too early to write it off. … READ MORE >
Chart of the day: Home affordability continues to drop
Strong homebuyer demand and limited housing supply have continued to push median sales prices for existing single-family homes higher across the United States. … READ MORE >
iBuyers, offering convenience at a price, disrupt home sale market
A new breed of real estate technology companies is seeking to make buying and selling a home easier. They are known as iBuyers, and their goal is nothing less than to change the way people buy and sell homes. … READ MORE >
Hispanic ascendant: challenges, opportunities and the real economy
Given the growth and economic power of the Hispanic community in the United States, we believe it will strengthen the backbone of the real economy, helping the country solve a range of issues in the post-pandemic world, such as labor shortages, dampened population growth, and structural economic changes. … READ MORE >
Home builders, facing shortage of materials, can’t meet soaring demand
Even as the housing market continues to lead the U.S. economic recovery, home builders, whipsawed by more than a year of dramatic changes fueled by the pandemic, are facing new pressures as they try to meet surging demand. … READ MORE >
CHART OF THE DAY: Mortgage rates resume their downward march
Ten-year U.S. Treasury yields have drifted lower over the past couple of months, bringing mortgage rates to the lowest levels in nearly six months and well below historical levels. … READ MORE >