Cabin Branch Clarksburg MD | 3 Issues Facing Today’s Real Estate Market

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Cabin Branch Clarksburg MD | 3 Issues Facing Today's Real Estate Market

 

If you are looking to buy a home in Cabin Branch Clarksburg. As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. One of the methods I use is to research the current inventory almost on a daily basis, I want to know where are the best deals for my clients when it comes to purchasing a brand new home in the Cabin Branch area.   

Today, I would like to talk to you about  3 Issues Facing Today's Real Estate Market

 

Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Estate & Senior Vice President of Equus Capital Partners. 

The Counselors of Real Estate (CRE) “is an international organization of high profile property professionals which include principals of prominent real estate, financial, legal, and accounting firms as well as recognized leaders of government and academia.” 

Their annual “top 10” list spans any and all issues that could have an impact on the real estate market. This year, the list was broken up into “Current” and “Long-Term Issues.”

Today we're going to focus on three of the five “Current” issues with a brief explanation of their impacts on the housing market today!

 

E-Commerce & Logistics

With promises of 2-day shipping no matter where you live, we are benefiting more now than ever before from the speed and ease-of-use of online retailers like Amazon. These e-retailers haven't changed whether or not we buy certain items, but rather HOW we buy them!

Many traditional malls or big-box stores are being repurposed as warehouses or distribution centers for online retailers so that they can get their products out faster.

A Look to the Future: “Developers who are including experiences into their locations are the ones who will succeed. It's about the experience and gaining something over just going to buy a product.”

 

Generational Change & Demographics

By now we've all heard that the millennial generation is the largest yet, just by sheer volume. The largest group of millennials turns 30 years-old in 2020. The average first-time homebuying age is between 30 and 32, depending on marital status. Real estate professionals will be inundated with more and more buyers as the years roll on. Nahas commented on this in his presentation, saying that,

“Too many developers have become dependent on making decisions based on baby boomer's preferences.

 

READ MORE: https://www.reallynicehomes.com/blog/cabin-branch-clarksburg-md-3-issues-facing-todays-real-estate-market/

???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system
www.99SOLD.com - Call or text 240-426-5754 for more information.  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Maryland Montgomery County Clarksburg Cabin Branch
Groups:
Local Expert
Tags:
first time home buyers
for buyers
for sellers
millennials
housing market updates
cabin branch homes
cabin branch selling
cabin branch market

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Anonymous
Karen

I have been looking at resale’s in clarksburg. I noticed that many are on for less than they were purchased for. Some taken off market and then back on a year later. There is new construction in cabin branch. Is that why these homes aren’t appreciating? What will happen to the person who gets a good deal now but will have to sell against new homes in the area

Jun 20, 2018 03:45 PM #1
Ambassador
1,951,632
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

You already have some knowledge of the curent market conditions. It is the builders who control prices in this area and until  every last house is sold....we wil be under their effect. Most markets under these conditions reflect builder's influence and unfortuantely...sometimes that is a negative thing. 

Jun 20, 2018 05:58 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,951,632

Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
Ask me a question
*
*
*
*
Spam prevention

Additional Information