3-D Printed Sustainable Homes for $4,000

An Austin-based company plans to change the home buying market by making houses more universally accessible and sustainable. According to its website, ICON debuted the first permitted 3-D printed home in Austin on March 12, 2018, built using a prototype of a mobile printer that will have the ability to produce "a single-story, 600 to 800 square foot home in under 24 hours for less than $4,000." The founders of the company partnered with ... Read more

Driverless Cars Just Around the Corner

Driverless cars will be testing on California streets next month. Companies working on driverless vehicles include Google, Apple and Uber, as well as traditional automakers like Audi, BMW, Ford, GM, Volkswagen and Volvo. How will these cars affect real estate? Public transportation, and the value of real estate built around transit hubs, could be diminished. Additionally, the need for parking lots will decrease, thereby creating new development opportunities for property currently used for parking. ... Read more

Trump Tariffs Hurt Real Estate and Cost 146,000 Jobs

Trump's imposition of steep tariffs on steel and aluminum imports has sparked dire warnings from architects, contractors, REITs and real estate associations, who say the tariffs will put more pressure on already rising building costs -- causing developers and investors to postpone or cancel new developments.  Despite a carve-out for North American trading partners Canada and Mexico, Trump’s signed proclamations formalize 25% and 10% tariffs on imported steel and aluminum that will take effect ... Read more

Feds See Warning Signs of Correction Reminiscent of 2007

New data and commentary from federal financial regulators are pointing to signs of increased risks in CRE lending. Notably, the amount of delinquent multifamily and owner-occupied property loans on the books of U.S. banks increased in the 4th quarter of 2017, according to statistics released this week by the Federal Deposit Insurance Corp. The FDIC data follows the Federal Reserve's latest Monetary Policy Report that noted growing vulnerability in the commercial real estate sector. “By ... Read more

Cap Rate Survey for 2nd Half of 2017

In CBRE’s Second Half 2017 Cap Rate Survey, key U.S. takeaways include: Commercial real estate pricing was broadly unchanged, with the exception of some retail segments. Industrial cap rates fell by 13 basis points to 6.52%. Multifamily infill cap rates fell to 5.23% on average from 5.27%. Stabilized suburban assets also declined to 5.59% from 5.66%. Office and hotel sector cap rates were generally stable. Retail cap rates increased, with power centers moving to ... Read more