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Share of Wallet? Telecom Trends and Expenditures in the US Real Estate Industry
In-Stat/MDR, May 2005, Pages: 24
This report takes a deep dive look into the telecom trends and expenditures in the US real estate vertical. Wireline and wireless voice and data services, as well as equipment, is forecasted from 2003 to 2008. Size of business breakouts are also included (SOHO, Small, Mid-Sized, & Enterprise).
Despite many other vertical industries seeing slower growth than expected and sluggish recoveries, the real estate vertical has seen surprising positive signs of economic growth and housing expansion. The real estate market has blossomed in recent years with major growth in housing starts and Greenfield community build-outs. The record low mortgage interest rates have added to the growth in consumer real estate sales. Other trends such as rising consumer confidence and an improving economy have boosted consumer and business spending on real estate investments. The ongoing incentive of low mortgage interest rates is expected to continue the rising success of this vertical, further stimulating investments in technology and communications as a differentiator in real estate properties.
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