Aloha! It's Lance Owens from LUVA Real Estate, bringing you some exciting updates on real estate trends. Now, I know reviewing a 143-page report on buyer and seller trends might sound like a real snooze fest, but trust me, there are some gems hidden in there!
So, let's talk about page 39, one of the superstars of this report. I mean, seriously, it's like finding a golden pineapple in a field of coconuts! This chart is a treasure trove of valuable information that caught my eye, and it's got a lesson for all of us.
You see, it's all about understanding age groups and their preferences when it comes to buying a home. We need to think about what our fellow age-groupers like and consider those factors when making our own decisions. And hey, if you're about to level up to the next age group, don't forget to peek at their trends too. You never know what kind of cool stuff you might discover!
Now, let's dive in and talk about the third reason on that chart: "Convenience to Job." Apparently, it's a big deal for folks in their mid to late 20s, but not so much for those in their late 50s. Why the difference, you ask? Well, here's a thought: if you're approaching retirement, maybe you'd be willing to endure a slightly longer commute for a better living space. After all, you've only got a few more years before you can kick back and sip mai-tai's on the beach!
But here's the real kicker: the factors that really stood out to me were the ones with the biggest gaps in percentages across different age groups. Let's take the example of "access to bike paths." The percentages stay pretty consistent until you hit your mid-70s, and then BAM! There's a massive shift. It's like going from riding a bike to riding a golf cart. It just goes to show how our preferences change as we age, and it's something we should all be aware of.
So, here's what I want you to do: grab a piece of paper and create your own list of must-haves and nice-to-haves. And when you're done, don't hesitate to give me a ring! With nearly two decades of experience right here in West Hawaii on the Big Island, I've got the inside scoop to help you find a place that fits your needs like a palm tree on an Aloha shirt.
Mahalo, and I can't wait to hear from you!