WRE News May 7, 2024
Buyer
The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon.
The anticipated growth will total a compound annual growth rate of 5.3%. And while new construction is cited as being among the main components behind this growth, the new report also cited concerns over crime as fueling the fencing market.
“A major factor driving the U.S. fencing market is the security and safety of both residential and commercial property,” said the report. “The cases of trespassing, squatters, and burglaries have been steadily rising in the country, which has resulted in a greater number of people investing in building strong security and fencing at their residences. For commercial properties, owing to big heists in commercial and industrial sectors, the organizations are not risking relying solely on alarm clocks and CCTVs for protection. Thus, they are opting to strengthen their physical site security systems through fences around the area, thus driving the demand for the U.S. Fencing market.”
Stay up to date on the latest real estate trends.
December 30, 2024
More homeowners are realizing they need an agent’s help in this complex market – and that’s why a record-low number of people are selling without a pro by their side.
December 30, 2024
Northern California’s Wine Country offers much more than just world-class wines—it’s a robust blend of natural beauty, rural charm, and a relaxed lifestyle that draws … Read more
December 30, 2024
Fans of “The Real Housewives of Salt Lake City” have been captivated by the show’s stunning mansions, with breathtaking views of snow-capped mountains peeking through … Read more
December 29, 2024
The winning photos of the the International Pet Photography Awards, IPPA, are a heartwarming, playful and ever-artistic look at the animals that live among us, providi… Read more
December 29, 2024
Workplace well-being has been somewhat of a corporate buzz phrase.
December 28, 2024
The happiest country in the world is Finland, according to the 2024 World Happiness Report.
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