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Current Trends and Issues

Commercial and Residential Trends

The Urban Land Institute (ULI) highlighted some of the following trends in its 2014 real estate report. Investors, developers, and builders are increasingly interested in second-tier cities, such as Dallas and Portland, where more housing is available than in gateway cities like New York and San Francisco. The real estate industry is still recovering from the recession and remains closely linked to job growth. In places where unemployment is low, such as in Texas and San Francisco’s Bay Area, the housing market is gaining strength. The recession had increased the demand for multi-family buildings because during that time many homeowners became renters. That demand has since ebbed and there is now more supply than demand for apartment buildings.

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