WRE News July 11, 2024
Buyer
A new report is predicting the global real estate tokenization market size and share will grow in revenue from $3.8 billion in 2024 to $26 billion by 2034, with a compound annual growth rate of 2.90%.
The report from Prophecy Market Insights observed the U.S. is “the most tokenized real estate nation in North America out of having a very robust legal system, a large real estate market, and early adoption of blockchain technology. This country has adoptively created a well-fleshed securities regulatory framework complete with explicit requirements imposed by the SEC. Indeed, even some states, for example, Delaware and Wyoming, have already enacted legislation supporting blockchain technology that allows for the disposition of digital assets.”
Elsewhere in the world, the report predicted an expansion of tokenized real estate in the Middle East and Africa “due to the size of their respective real estate markets, growing interest in blockchain technology, and the enabling regulatory frameworks to support the same.” The report cited the UAE-based developer MAG’s strategy to tokenize assets worth more than $500 million in partnership with the blockchain platforms Mantra. South Africa has also recorded early adoption of tokenization of real estate, the report added.
“From a historical perspective, real estate is one of the least liquid asset classes due to large capital outlays and expensive and lengthy transaction procedures,” the report said. “Because new financial sector technology is increasingly offering speed, security, and affordability, the current momentum in tokenization is argued to signal the beginning of innovative solutions for real estate in the digital age. Real estate has historically been a well-liked and active investment option.”
Stay up to date on the latest real estate trends.
Buyer
July 10, 2025
Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA).
Seller
July 10, 2025
If you're a homeowner planning to move, you're probably wondering what the process is going to look like and what you should tackle first:
Lifestyle
July 10, 2025
If you are a regular House Beautiful reader, you have probably noticed that we editors consult professional organizers a lot.
Lifestyle
July 9, 2025
We’re living through a paradox.
Buyer
July 9, 2025
Now that summer’s here, you may be planning your next getaway.
Lifestyle
July 8, 2025
You never know how much stuff you have until you’re packing up your entire home to move to a new one.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today