10Real EstateTrends for the

Future

1. Rent

Millennials have shownpreference in renting aresidence over purchasingone, so over the coming yearsrenting is sure to boom.

2. Buy

Of those who are choosing topurchase property, many aredoing so so they can renttheir properties out forsupplemental income.

3. Semi-burbs

According to consumerreports, many millennialshave shown interest in livingin a suburb-like setting calleda semi-burb that offers asense of community.

4. AffordableHousing

A need for more affordablehousing is present in the U.S.as the cost of living keepsincreasing while pay ratesstagnate.

5. Mortgages

There are many buyerassistance programsavailable that work inconjunction with thegovernment to help lowerthe cost of downpayments.

6. Technology

Technology growth in the realestate world has been rapid,with people now able topurchase homes they've nevereven seen online through siteslike Zillow and Trulia.

7. Business

As businesses grow, their officespace must grow with them.Since the rate of employmenthas been on a steady incline,businesses are constantlygrowing and more space isrequired.

8. EnvironmentalImpacts

Each year, the Real EstateIndustry uses over 40% of theworld's energy and emits 20% ofthe globe's greenhouse gasses.As more focus shifts towardstaking care of the planet, it'slikely real estate will follow.

9. Network

Networking is proving itsimportance in real estate asmost agents are paid solely oncommission. Having a largernetwork means more potentialclients and customers.

10. Expectations

Although the cost of living isincreasing, so is the employmentrate which means more moneyfor people to spend on propertyand travel.

Peter Bubel is experienced in realestate as a 20 year+ property manager.

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