real estate trends: Real Estate Market Puzzle-Affects on Sellers and Buyers
- 06/01/18 09:20 AM
Let's take a look at the recent trends in Real Estate and put some pieces of the puzzle together to see what the impact is for Sellers and Buyers. I will use some data from my local market of Lee County, Florida. First Trend: Homes are selling faster than last year. When we look at the March 2107 compared to March 2018 we find that Median Time to Contract decreased by 11.9%. In 2017 Median days to contract was 67, but in 2018 it is 59 days. What does this mean for the Seller? 1. A shorter time on the market could mean a higher sale price. 2. Reduced … (20 comments)
real estate trends: MYTH BUSTING-GREEN HOMES-PART 3
- 02/05/18 10:05 AM
In Part 1 of this series on Busting the Myths of Green Homes we addressed the myth: Building Green Costs More. That post gives good information about why it may not cost more to build energy efficient homes. In Part 2 we discussed the myth: Green is all about Product Choice. In that post we discussed how even some DIY projects could save the homeowner money. Now, in Part 3, lets focus on the Myth that Green Homes are a Passing Trend. We have all seen fashion trends that are so hot but soon pass. I once had hair to my shoulders and wore sandals and … (48 comments)
Reality tells us that aging is not going to disappear. Baby Boomers were the largest group until the Millennials came along. Baby Boomers are aging and it is getting their attention. They are starting to look ahead and are trying to figure out what will work best for them in the coming years. In the Real Estate world we are beginning to see the Trends that are developing.
In Part 1, let's look at 3 of the trends. 1. Baby Boomers have a desire to be Independent. Being Independent means they want to live in their own homes. 90% do not want to live … (10 comments)
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