Data News Trends
Dark Horse Markets - We’re betting these six under-the-radar cities will be the next hot spots for development.
Developer identified six markets that are hot spots for development based on Moody’s Economy.com forecasts for cities with the highest projected job growth over the next 12 months and low unemployment rates—both of which point to high demand for employees and a competitive situation for employers. Interestingly, none of these markets are major metros. Instead, the markets that are primed for the biggest job gains are small, off-the-beaten path markets that rarely show up on any developer’s hit list.
Empty Space - Declining imports and plummeting demand for distribution
Other U.S. markets are experiencing a similar oversupply of warehouse space, thanks to a surge of development activity from 2004 to 2006. Spending on warehouse construction nationwide increased 19 percent from mid-2006 to mid-2007, according to Norcross, Ga.-based Reed Construction Data; increases of, respectively, only 4 percent to 5 percent are anticipated in 2008 and 2009.
Developer News & Notes
Sustainability, Market Trends, Energy Efficiency, an Executive Q&A on Mixed-Use Properties and more…
Commercial Real Estate Slowdown
The commercial sector deals with a slowdown.
Targeting Immigrant Home Buyers
Open floor plans, private backyards, large garages—such features often wow many American-born buyers. Those same amenities, however, can turn away their foreign-born counterparts.
