This is a BLOG about
UP Trends in the real estate market... But what's the point of going to all this bother, you may wonder. Because the critical role REALTORS play in our professional association with our clients asks us to engage in research . As trend observers we can look at the big picture and the local statistics and predict what what our real estate world will look like during the coming months.
So we watch the green-built and sustainable markets and keep an eye out for trends that may influence communities in a positive way... We create a place to note indicators revealing the next real estate growth market - strong demographic growth, solid, growing, and diverse economy, a buzz in the retirement population segment, noticeable infrastructure changes, Appreciation Rates and vacancy trends. And we offer suggestions for those who want to get a sense of what's UP in the local markets we cover....
If you are a person who finds predicting directions of interest, you could always Google for newspaper headlines like, " Rapid County Population Growth" or check out the MUNI NET GUIDE for pertinent information. You could surf on over to Guru.COM for demographics of interest. One of my "pit stops" is Census Scope .
It's interesting to look at charts of the per cent change in population growth there. Asheville, North Carolina has experienced a 17.83 % upward change, Charlotte a 29.02% upward change, for instance. And you can see where your State ranks in population growth there in a chart such as this:
States Ranked by Rate of Population Growth, 1990-2000 |
Rank | State | Percent Growth |
1. | Nevada | 66.27% |
2. | Arizona | 39.98% |
3. | Colorado | 30.56% |
4. | Utah | 29.62% |
5. | Idaho | 28.53% |
6. | Georgia | 26.37% |
7. | Florida | 23.53% |
8. | Texas | 22.76% |
9. | North Carolina | 21.43% |
10. | Washington | 21.11% |
11. | Oregon | 20.37% |
12. | New Mexico | 20.06% |
13. | Delaware | 17.63% |
14. | Tennessee | 16.65% |
15. | South Carolina | 15.07% |
16. | Alaska | 14.89% |
17. | Virginia | 14.32% |
18. | California | 13.82% |
19. | Arkansas | 13.73% |
20. | Montana | 12.91% |
High on my priority research list as a REALTOR in the Greater Asheville is MAPPING CHANGE IN BUNCOMBE COUNTY a community project through Warren Wilson College that provides objective, map-based datato analyze change in Buncombe County. I can even see this as a video that expands my perspective into the future as it unfurls before my eyes. I include information such as the above in my "tool box" when working with my 1031 real estate investor-clients as they plan for the future. Seller or Buyer, this background data offers the firm footing upon which successful transactions occur.
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