BAY AREA REAL ESTATE STILL A GOOD BUYE
Despite high costs and tight inventory, the Bay space remains a robust marketplace for land investors. The Urban Land Institute hierarchical San Jose and urban center among the highest twenty metros for land prospecting, citing a growing native economy, young manpower and a long-run property market. The Bay space scored higher this year than in previous years, partly as a result of home costs have been removed from record highs, aforementioned Urban Land Institute senior vp Anita Kramer. Now, she added, Bay space properties “are worthwhile.” The annual report, conducted by the institute and consulting company PwC, surveyed quite one, land professionals, investors, developers and bankers. Those surveyed thought of a good range of community options, as well as native economies, property costs, demographics and expectations for growth or stagnation. Austin, Texas, Raleigh and Durham, NC, Nashville, Charlotte and Bean Town grab the highest spots for future growth and potential, per the ...