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Many Americans don't feel tethered to just one place anymore, Coldwell Banker reported.
The joint venture launches as investor appetite for these assets grows increasingly stronger.
J Turner Research reported that the average tenure has shortened to 19.2 months and that community reputations are suffering.
A record year for the US housing market included the highest home prices and lowest supply of all time.
Employees will continue to have elevated power in this tight labor market.
Buyers should beware of price declines in Dallas, Denver and Seattle.
Flexibility and connectivity are among priorities found in the NMHC-Grace Hill joint survey.
The lack of developable land is likely to boost infill development and helps explain its relatively high 25% market share.
The JV will target a mix of core-plus, value-add investments and developments.
Approximately $840 million in equity has been allocated to the US joint venture.