When people think about what drives home values, they usually think about interest rates, inventory and comparable sales. Those factors matter. But over longer periods, one of the most important forces affecting a housing market is much simpler: Where are the jobs going? Central Florida continues to attract corporate offices, manufacturing facilities, technology companies, healthcare...
Follow Business Investment, Infrastructure and Land Homebuyers often search for the “next hot area.” I look at the question differently. Instead of asking which neighborhood is becoming popular today, I want to know: Where are the ingredients for future growth being assembled? Those ingredients usually include three core factors: Employment, Infrastructure, and Developable land....
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