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Current Trends and Issues

Commercial and Residential Trends

The Urban Land Institute (ULI) highlighted some of the following trends in its 2023 real estate report. The fastest growing markets for real estate prospects overall are currently in these 10 cities: Nashville, Dallas/Fort Worth, Atlanta, Austin, Tampa/St. Petersburg, Raleigh/Durham, Miami, Boston, Phoenix, and Charlotte. Home sales as well as home rentals are slowing down after strong growth from 2020 into 2022, due to the federal government's hiking of interest rates in the spring of 2022.

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