The Urban Land Institute (ULI) recently released their Emerging Trends in Real Estate Report for 2018. Gainesville, along with 9 other cities in Florida, ranked in the top 78 in the nation for US markets to watch.
Increased population in the Florida and South Atlantic regions is proposed as a reason the area on track for continued growth.
“Jacksonville, Tallahassee, Gainesville, Richmond and Washington DC specifically cite the quality of life in their markets as a contributing factor in their population growth,” according to the report.
The other Florida areas mentioned in the report include Fort Lauderdale, Miami, Orlando, Tampa/St. Petersburg, Palm Beach, Jacksonville, Cape Coral/Ft. Myers/Naples, Tallahassee and Daytona Beach. Gainesville holds the 75th ranking of the 78-city list.
The Urban Land Institute is a non-profit research and education organization whose mission is to provide leadership in the responsible use of land. Founded in 1936, the ULI has over 40,000 members worldwide.