Dallas/Fort Worth is the top market for overall real estate prospects this year, according to The Urban Land Institute’s and PricewaterhouseCoopers’ 40th annual Emerging Trends in Real Estate report. Rounding out the top 10 are New York/Brooklyn; Raleigh/Durham, North Carolina; Orlando, Florida; Nashville, Tennessee; Austin, Texas; Boston; Denver; Charlotte, North Carolina; and Tampa/St. Petersburg, Florida. In short, the 2,300 property owners, real estate investors, homebuilders and developers participating in the report favor these high-growth markets over traditional “gateway” markets.
Other best bets for 2019 are industrial development, garden apartments and the redeployment of obsolete retail assets. Specifically, keep an eye on experiential retail opportunities and technology implementation to collect consumer data and optimize the shopping experience.
In the bigger picture, the most important issues to watch include cybersecurity risk management (dubbed an industry disrupter), infrastructure, immigration and resiliency tied to natural disasters.
