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Brokers look forward to a commercial real estate market that mirrors 2018’s solid results

BD+C

Commercial real estate brokers are optimistic about their industry’s growth prospects for 2019, according to a poll of brokers that Transwestern released last month. They are buoyed by strong consumer and business confidence, steady employment growth, and the anticipation of available debt and equity liquidity.

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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

Developers—for profit, market rate or mixed income—are thinking deeply about issues of social equity and doing the best they can to address some of these broader societal issues we’re all talking about,” said Rachel MacCleery, senior vice president at the Urban Land Institute in Washington, D.C., In 2019, 11% of all married U.S.

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Remodeling Demand Surges as Homeowners Choose Not to Sell

Pro Builder

Home equity per owner reached a record high of $315K after an inflation-adjusted gain of $95,000 in 2019, incentivizing homeowners to build personal wealth in a high-cost market. . Remodeling demand is on the rise as unfavorable buying conditions cause many sellers to hold their upper ground and give their existing homes a makeover.

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James McHugh Construction breaks ground on 1000M, Michigan Avenue’s tallest tower to be

BD+C

October 30, 2019 – Co-developers Time Equities, Inc. TEI), JK Equities and Oak Capitals, hosted a groundbreaking ceremony Thursday, October 24th, to celebrate the start of construction for 1000M , the ultra-luxury condominium building across from Grant Park in Chicago. CHICAGO, Ill.,

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First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

In 2020, 57% of first-time buyers chose conventional financing—a 5% jump from 2019. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. NAR says FHA financing can often be more expensive due to the mortgage insurance.

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Living Future Institute’s JUST program helps measure progress on sustainability, social justice

BD+C

ILFI’s JUST program provides a platform for organizations to measure their progress on a range of indicators about sustainability and other goals including social justice, equity, diversity, and inclusion. The International Living Future Institute (ILFI) released an upgraded version of its JUST program, JUST 2.0,

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Fall Conferences 2019: Top Takeaways

Stok

Net Zero 2019 | Los Angeles, CA. #9: The post Fall Conferences 2019: Top Takeaways appeared first on stok. When considering how human-centric design impacts occupant productivity, retention, and health, real estate professionals should add biophilia and mindfulness to their list of considerations. Join our newsletter.