Investment Trend Forecast for Real Estate in 2016

The Emerging Trends in Real Estate report, makes projections in both commercial and residential real estate for the next year. A highly respected report, it surveys more than 1,400 people in the real-estate market, from investors to property managers.

Here, we take a look at what the report details.

18 Hour Cities

 

Continued urbanisation is one of the most significant issues that will affect the real estate industry. Many cities across the country are mimicking the walkability and transit-oriented development that New York, Washington DC and San Francisco have established successfully as “24-hour cities”. Smaller cities are copying this model, but on a more affordable scale, thus being coined 18-hour cities.

While last year, this was an emerging phenomenon, but in 2016, it is becoming something to invest in. Attracting potential workers due to availability of affordable services, and employers due to the lower cost of doing business. The report states that this means that 18-hour cities are being considered viable investment alternatives to the big six.

Suburbs

 

The suburbs are thriving, but in a new way to the past, by using components of the urban environment. Investors like urban investments more than the suburbs, so using urban components are making them much more attractive to big investors. There is growing evidence that supports the idea that millennials will eventually make their way to outer neighbourhoods and suburbs. In this areas they are still looking for good public transport and the amenities that they enjoy in the urban areas.

Housing Options for All

 

The US is moving away from traditional home ownership, with changing demographics and household preferences meaning that the single family housing market is improving. This means that there are a number of new opportunities in housing options, with the housing market seeing aging baby boomers who are looking for homes to age in, and first time buyers looking for affordable options in higher cost urban options.

Food is Important

 

There is a general trend towards those wanting eat fresh and nutritious foods, but who live in urban areas. One way to meet this need is through urban farming, utilising rooftops and obsolete industrial properties, making it an excellent investment opportunity.

Capital

 

Investors are considering expanding to a wider market set and alternative investment choices because global uncertainty continues to enhance the attractiveness of hard assets in stable markets. There is a lot of domestic and global capital that continues to flow into the US real estate market.

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source: modestmoney.com

J.K. Rowling announces Harry Potter spin-off movie series

LONDON - Harry Potter author J.K. Rowling is to make her screenwriting debut by penning a series of spin-off films set in the magical world of the British boy wizard, she announced on Thursday, putting her in line for another huge payday.

The first film will be called "Fantastic Beasts and Where to Find Them" and will be based on a textbook of the same name used by Harry and his classmates at their school Hogwarts, Rowling said on her Facebook page.

Set in New York and featuring magical zoologist Newt Scamander -- the author of Harry's textbook -- it will be set 70 years before the events of the core Potter novels.

The Warner Bros. film comes two years after the final movie in the eight-part series spawned by her phenomenally successful novels.

"I always said that I would only revisit the wizarding world if I had an idea that I was really excited about and this is it," the 48-year-old Rowling said.

She pitched the idea to Warner Bros. herself after the US studio approached her about making "Fantastic Beasts" into a film.

"I thought it was a fun idea, but the idea of seeing Newt Scamander, the supposed author of 'Fantastic Beasts', realized by another writer was difficult," she wrote.

"Having lived for so long in my fictional universe, I feel very protective of it and I already knew a lot about Newt.

"As hardcore Harry Potter fans will know, I liked him so much that I even married his grandson, Rolf, to one of my favorite characters from the Harry Potter series, Luna Lovegood."

Rowling added: "Although it will be set in the worldwide community of witches and wizards where I was so happy for 17 years, 'Fantastic Beasts and Where to Find Them' is neither a prequel nor a sequel to the Harry Potter series, but an extension of the wizarding world.

"The laws and customs of the hidden magical society will be familiar to anyone who has read the Harry Potter books or seen the films, but Newt's story will start in New York, 70 years before Harry's gets under way."

Rowling, who has sold more than 450 million copies of the Harry Potter books, has been keeping busy since the final novel in the series was published in 2007.

She published her first novel for adults, "The Casual Vacancy", last year to mixed reviews.

In July, she was unmasked as the real author of critically acclaimed detective novel "The Cuckoo's Calling", published under the nom de plume Robert Galbraith.

With an estimated fortune of £560 million ($885 million, 666 million euros) the former single mother is the 156th richest person in Britain, according to the Sunday Times Rich List.

Warner Bros. said the new film would spawn video games and other products including links to the Pottermore website as part of an "expanded creative partnership" with Rowling.

"We are incredibly honored that Jo has chosen to partner with Warner Bros. on this exciting new exploration of the world of wizardry which has been tremendously successful across all of our businesses," said Kevin Tsujihara, CEO of Warner Bros. Entertainment.

"She is an extraordinary writer, who ignited a reading revolution around the world, which then became an unprecedented film phenomenon.

"We know that audiences will be as excited as we are to see what her brilliant and boundless imagination conjures up for us."

Warner Bros. will also act as worldwide distributor for the upcoming television miniseries adaptation of "The Casual Vacancy", which begins production in 2014, it said.

source: interaksyon.com