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11 HYPER LOCAL REAL ESTATE TRENDS WITH CAFÉ REALTY
CAFE REALTY’S LISTING SPECIALIST & MARKETING STRATEGIST EXPLAINS 11 HYPER LOCAL REAL ESTATE TRENDS. Here we are at almost mid year and 2018 is the year where hyperlocal real estate data and clear understanding of the people and process involved are front and center stage. Stay aware…Pay attention… Stay up-to-date with the latest from the team’s experience out there in the field:
Inventory: It is still at a dangerously low level (for the most part) creating pockets of seller’s markets. Hot markets rely on inventory priced in the sweet spot. Migration to Dutchess County: Yes buyers are coming from the NYC metro area and skipping over Westchester and Putnam counties to land in Dutchess County, Hudson Valley’s showcase for farms, natural beauty and wide open spaces plus the Hudson River! The attraction is that there is more value in a home here and less taxes. Commuting may be impossible for some but once you cross that Putnam border it’s love at first sight. Exit strategy for Baby Boomers: Now that the boomer age group is as old as 72 and as young as 54 there is a strategy that needs to take place. Stay in my current home and age in place? Move ... more
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