This month we shared with you all the newest members to be pinned by CCIM, news on our Virtual Fall Summit, ICSC updates, thought leadership content to share with your clients and more!
Artificial intelligence is a complex topic. There is both fear and excitement surrounding AI, but there is no denying that it is significantly impacting the real estate industry. As defined by Forbes, artificial intelligence is a form of computer science that uses computers to emulate intelligent human behavior at a far more rapid speed than what we as humans are capable of. You can use these technologies to analyze data in ways you simply wouldn’t be able to do on your own. In this article, we will discuss how AI is being used in the real estate industry and how investors can benefit from adding AI to their real estate business.
Are you looking to start a business or invest in a new market? Factors such as job opportunities, population growth, crime rates, housing affordability, quality of life, employment rates, higher education, and cost of living are crucial when choosing a new market to invest in as a business owner, tenant, or property owner. Additionally, it’s important to consider what’s driving growth in certain markets and why people are moving to or from other areas. In this article, we explore the hottest markets right now, what growth we are seeing in these popular areas, and the role higher education plays on a successful market.
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On this podcast Julie Appleton and Tom McGovern from Realogy Holdings join us to discuss commercial real estate leasing, and how the both the process and physical leases have morphed due to pandemic pressures.
Gentrification is a controversial topic in many markets in the U.S. because it can significantly impact specific areas and residents in those communities. According to Million Acres, some of the poorest and most distressed urban neighborhoods across the country have experienced revitalization via gentrification and redevelopment. That has been accomplished through national and local tax incentives and resulted in billions of dollars in development funds, and municipal grants flowing into those improvements. Gentrification might seem like an easy solution for struggling cities, but there are many complicated factors to consider. In this article, we explore the positive and negative impacts of gentrification on real estate markets, and what investors and government officials should consider when looking to gentrify an area.
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