What interesting trends in real estate are you following right now?

What interesting trends in real estate are you following right now?

John Caliendo (Realtor) gives expert video advice on: How do I price my home for the current real estate market?; How do I set up an open house?; How can I improve the appearance of my home in order to raise the asking price? and more...

One of the most interesting and intriguing trends in real estate that I'm seeing at the moment is the condo conversion. What I mean by that is there are apartment buildings that were built and intended as apartment buildings, and they have been there for a good long while, but in some cases they are able to be converted over to condominiums. This is a windfall in many respects for the owner of the apartment building, because instead of having to go out and build a whole bunch of new condominiums, he has condominiums already. The cities are pretty strict with this real estate trend. There are certain restrictions and conditions that have to be met. If they are met, then in certain cases you can convert an apartment building into a condominium complex.