In listening to this year’s class of Real Estate Influencers, there were some topics we were not surprised to hear about. For instance, insurance, interest rates and inflation were mentioned by almost all as continuing to strongly affect both the commercial and residential industries. Regarding the biggest challenges facing business right now, workforce issues were also mentioned a few times.
There were also, however, a few surprises. Multiple influencers mentioned that they are most looking forward to projects associated with green building, water management, energy efficiency and even coastal erosion resettlement. As a region recognized as a ground zero for climate change events, it’s exciting to see us taking action and innovating in these arenas.
Another surprise was the overall expressions of optimism. There’s no doubt that residential and commercial real estate have been hit hard over the past few years on multiple fronts, but listening to our local professionals, you can hear the excitement they are finding in seeking out new opportunities.
To visit our previous Real Estate Influencers
click here.