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.
October 5, 2024
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC).
October 5, 2024
Flying can be stressful, and while airplane food has come a long way, the in-flight drink options tend to stay pretty standard: beer, wine and your basic rum and Coke.
October 5, 2024
Falling mortgage rates, plus the Fed’s recent rate cut, are perking up the fall housing market.
October 4, 2024
When you're decorating a room, the list of furnishings you need to complete the space can seem almost endless.
October 4, 2024
Mortgage application volume was down for the week ending Sept. 27, according to new data from the Mortgage Bankers Association (MBA).
October 4, 2024
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion.
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