Owning to Renting
While younger people, like Millennials and Gen Z, dominate the rental market, Baby Boomers are encroaching on this territory in 2019. People often go where the job opportunities are therefore places outside and around metropolis cities like New York are hotspots for professionals in the rental market.
Residential New Construction
While communities are always evolving, right now places like New York City are experiencing a peak in new development. With Google and Amazon announcing plans for campuses in NYC, owners are going to be renovating properties to meet the heightened demand in the residential market.
Development of large city suburbs usually starts in their downtown area. In 2019, we’ll see this