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A billion square feet of new housing space to emerge in cities as America’s office market faces a major crisis
America's office market is facing a significant transformation due to rising debt and a shift to remote work, leading to high vacancy rates, particularly in older Class B buildings. Experts predict a wave of fire sales and conversions to residential housing, with a 357% increase in office-to-apartment conversions in 2024 compared to 2021. Major cities…
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Homeowner and Homebuyer Trends for 2025
Home design is evolving towards efficiency, incorporating smart technology for improved functionality and time-saving features.English-styled kitchens will influence American homes, promoting timeless elegance with warm, inviting aesthetics.
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Interest cuts may spur new homebuyers, sellers
Interest rates are a hot topic as many navigate the real estate market, especially first-time homebuyers. Following a recent Federal Reserve rate cut, lower rates could enhance affordability but also increase competition. In Spokane, the median home price is around $430,000, and potential buyers may see reduced monthly payments if rates continue to drop. However,…
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Beat Recession: Choose Commercial Real Estate for Growth
Commercial real estate offers a unique opportunity to generate passive income through rental payments from tenants. Real estate investments provide significant tax advantages, such as capital gains treatment and deductible expenses.