Four Key Imperatives Shaping the Future of Real Estate

By Rubber City Appraisal Studio, LLC | 07/04/2024
Rubber City Appraisal Studio, LLC

In a recent research report titled “The future of real estate: New perspectives on a fast-changing world from JLL’s Future Vision program,” JLL, a leading global commercial real estate firm, identified four critical imperatives that will significantly impact the real estate industry in the coming years. These imperatives are climate, people, technology, and resilience. (JLL…

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Office Market Trends: The Risky Business of Renovations

By Rubber City Appraisal Studio, LLC | 07/01/2024
A building with many trees in the middle of it

As a real estate appraiser, it’s crucial to stay informed about market trends. A recent CoStar News article dated June 25, 2024, sheds light on some interesting developments in the office market, particularly regarding the renovation of older buildings. Key Takeaways: Short-lived Benefits: The competitive advantage gained from renovations appears to be temporary. Buildings renovated…

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