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Popular Trends in Real Estate Investment (2017)

Posted on Jan 13, 2017

Let’s look at trends in real estate investing for 2017. What do investors foresee happening? What are some of the trends that may be on the move with real estate? It’s difficult to predict the market, but we can also make some guesses as to what will be up and coming in the new year. Here are some of our examples from real estate education expert, Than Merrill who recently posted about some of his trends online.

1. Drones becoming available and legal for commercial purposes.

It’s been a while since drones were made legal for some purposes, and we think it’s high time that drones became available for more commercial purposes. Now, they are on the move with businesses, and their availability means that the world can be more drone-friendly, which we think is a great thing.

These products—drones—can definitely change the real estate market. Aerial photography and the capacity to take video of homes and businesses can make Google Earth seem a thing of the past. Drones can totally revolutionize the world of real estate for agents and buyers alike.

2. New construction can make more inventory, easing strain.

It looks like with new inventory in 2017, there will be more of a boon to the market, and we’ll see increasing inventory make it easier to find somewhere to live for buyers, making agents’ lives busier and more fruitful. There could be up to 11 percent more single-family home buying in the coming year, making this strain eased for many.

This will decrease appreciation rates, too. Many more people will consider making the big move from renter to homeowner, and this will change the market considerably. However, investors who want to buy and then rent out may have trouble because of the larger pool of buyers out there.

3. Higher interest rates.

It’s probably the case that we haven’t seen the last interest rate hike. There could be up to three interest rate hikes in 2017, and there could also be three hikes in 2018 and 2019, making interest rates a thing that no one really messes with. This will also raise the cost of buying a home, making it more difficult for people to buy.