#real-estate-trends

#real-estate-trends

"This is a trend that we have seen firsthand for years in our travels through Europe and Asia, noting that it's finally gaining momentum here in the United States."

The sale of a kitchen-less studio at 3 Gramercy Park West highlights the unique challenges and allure of purchasing real estate in Manhattan, especially iconic locations.

Many locals admit the situation has become a little absurd, noting that high-end brands have replaced small shops, especially since COVID-19.

Buyers today-especially millennials and Gen Z-are zeroed in on what a home does, not just how it looks. They want eco-efficiency, built-in connectivity, and amenities that make life smoother.

They also have way more information through YouTube and AI. Air quality is a topic that becomes increasingly popular among homebuyers every year.

Oskar Oholm, CEO of Svensk Maklarstatistik, explained that the modest price increases in May are driven by buyer psychology amid geopolitical instability and high supply.

Jenell Moffett, chief impact officer for DAA, told Austin Monitor that while the office market has cooled, several major public infrastructure projects totaling more than $20 billion are moving forward at full speed.

According to the Tax Foundation, property bills in Marin County, CA, reach 0.7195% while in multiple New Jersey counties, rates soar above 2%.

In a time when people value quality of life, South Carolina, particularly Myrtle Beach, has emerged as the top U.S. destination for those relocating.