The outlook for 2019
Emerging Trends in Real Estate® celebrates its 40th anniversary this year. The publication is one of the oldest and most highly regarded forecast reports for the real estate and land use industry. Each edition offers extensive insight and analysis on industry trends and developments based on an extensive survey, multiple interviews and individual market focus groups. The publication is highlighted by its closely watched list of top emerging cities nationwide.
Much has changed in real estate over the 40-year history of this publication, and 2019 could be an exciting year for the industry. Now more than ever, real estate is viewed as a more mature asset class, fueled by the continued allocation of capital to real estate funds. Over the last several decades, we have seen the emergence of a number of different real estate investment vehicles, such as REITs, real estate private equity funds, commercial mortgage backed securities, mortgage debt funds and crowd-sourced investments.
“Real estate as an asset class has matured. Market participants need to realize this and make the appropriate adjustments.”
As real estate continues to mature, we are witnessing the ongoing transformation of an industry dealing with a tight labor force, the implementation of new technology and the adoption of practices to attract new capital to the asset class. Industry players are making plans to capitalize on the expected transition to what could be a more stable and sustainable real estate market.
Dallas is no stranger to being in the top-10 rankings, and this year it returns to the number-one spot in the 2019 survey. A business-friendly city, Dallas has capitalized on the emerging trends of the last decade by focusing on disciplined development, investing in modern infrastructure and creating spaces where people love to live, work and play.