Trends in 2017, which will help the developer to be ahead of competitors

    The Urban Land Institute is preparing a report on new world trends in 2017. These are the most up-to-date trends in the real estate market, which have a significant impact on the sale of real estate in the current year. Some of these trends are gradually becoming more relevant in the next years. Others are relatively new to the real estate market. Understanding these trends ensures that you will outpace your competitors, regardless of your role in the real estate industry.

    Niche markets and niche areas Increasingly, buyers tend to areas where they can simultaneously live, work and relax, thus minimizing the time spent on public transport or traffic jams. Particular attention is paid to the areas located near the city transit hubs – train stations, metro, convenient transportation. In the areas that support this trend, there is a significant increase of the population.

Office Space, Chicago

    Labor shortages will increase construction costs Nowadays, much less skilled workers are involved in the construction industry than ten years ago. It is affected by a number of economic reasons and social changes that have led to a reduction in the number of skilled workers in the labor market. Thus, labor costs are rising rapidly. Today, nevertheless, people are going to construction work to meet high demand, but, unfortunately, they do not have the proper qualifications.

    Multifunctional locations An increasing number of offices tend to have open-office planning or design that has modular features. This is convenient because you can transform in the event of a business growth. Such spaces are fundamentally different from traditional office space, cabinet planning. Open-office Locations can be used for different functions within a single business, or multiple companies can share space.

Competition project “Living with Water”, Boston

    Mixed use objects with shops, private and public spaces Modern architects, planners, and urbanists create urban spaces that can simultaneously meet the diverse needs of the inhabitants. Projects, in addition to housing, offer a modern infrastructure – swimming pools, restaurants, sports clubs, post offices and shops. Such an approach increases the market value of the property, and residents of such facilities are less likely to resell the apartment according to statistics.

Project of residential complex, Kiev

    We see that these trends are quite relevant for our Ukrainian real estate market. Lets know them and, as experts say, we will be ahead!

Source of Investgazeta