The real estate industry has seen various changes in the past 2 years due to COVID. Housing prices have increased in markets such as Canada, Australia, and the US. As work from home becomes a permanent reality, many workers have begun to transition away from large cities and towards more affordable areas.
The US real estate industry includes about 351,000 companies with combined annual revenue of about $469 billion. In Puerto Rico, since hurricane Maria, the real estate sector continues to be a driver, particularly during the pandemic where the housing market had more demand than supply.
New developments in technology and how people are using real estate is disrupting the industry. We pair our expertise, experience, and the latest technology to innovate and optimize our client’s business models. Our deep understanding of tenants, market trends, nontraditional data, geospatial analysis, and experience help make better decisions for space acquisition, development, and use. Some indicators include:
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