Dave Halpern, Louisville Short Sale Expert (Keller Williams Realty Louisville East (502) 664-7827)

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I don't see retiring baby boomers letting up - that's a strong market now. In the next 3 years, move-up millennials. Many purchased condos or small homes to become homeowners and when their family dynamics change, they will need larger homes.

One other segment, I believe will be huge in our area, are apartment dwellers - rental rates are outrageous in our area, making homebuying very appealing to them.

Nov 12, 2017 08:04 AM
Rainmaker
1,210,414
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Californians leaving the state.

Nov 12, 2017 06:25 PM
Rainmaker
4,866,639
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

active adult communities for 55+.... 

first time buyer affordable housing (chapter 40B in MA)

 

Nov 12, 2017 09:15 AM
Rainmaker
679,899
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Assisted living facilities.

Nov 12, 2017 07:59 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Retirees are a good niche, especially those who are moving into 55+ housing or heading south.

Nov 12, 2017 09:19 PM
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Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Investors of single-family houses.

Nov 12, 2017 04:24 PM
Rainmaker
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Eva B. Liland with Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service

My first thought was aging baby boomers.

Nov 12, 2017 03:01 PM
Rainer
113,395
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Ive seen a huge uptick in owners moving, yet keeping their prior homes as rentals.   WE manage them for a few years and then help the owners sell when they are ready. 

Nov 12, 2017 08:06 AM
Rainmaker
2,940,286
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I do not narrow my my potential listings or sales from just one group, but market to many using different techniques to attract everyone

Nov 12, 2017 07:53 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dave,

Each market has its specialties, in order to answer properly, I would have to study it carefully and work out the stats.  A

Nov 12, 2017 11:50 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Listing homes

Nov 12, 2017 09:52 AM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Foreclosures. Flipping properties.

Nov 12, 2017 08:49 AM
Rainmaker
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Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

niches are just that, specialty , expert, i might try for not the buyer category in terms of age, but rather area/price/style/ etc

Nov 12, 2017 08:25 AM
Rainmaker
2,762,979
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

XXXXXXXXXXXXXXXX  having issues with commenting here.  Let this be a test. 

Nov 12, 2017 08:25 AM
Rainmaker
557,116
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Rentals, baby boomers down-sizing or buying vacation homes, and low-maintenance retirement communities.

Nov 13, 2017 06:08 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 nailed this one!

Nov 13, 2017 02:31 AM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I'm afraid that sites like Amazon will jump soon into real estate sales and that will make most niches not relevant. So for us agents it can become : adjust or die...

Nov 12, 2017 10:02 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Well that is hard to say.  Every area has their own niche

Nov 12, 2017 07:00 PM
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It totally depends on your market. Real estate is local and we are a growing retirement market and less attractive to millennials. Nashville which is just 35 minutes away is bringing millennials in by the plane loads.

Nov 12, 2017 05:36 PM
Rainer
3,395
Steve Eisenmenger
Keller Williams Greater Omaha - Omaha, NE
Omaha Realtor with general contractor background

The age of "computer illiterate" has been reduced to a tiny percentage. Today most of the people who don't research via internet, are doing so out of choice rather than necessity. So with that said, everything that realtors to today can and must be shared through digital technology. Maybe only 5% of my clients actually need me to print off the offer contracts to have them sign it, leaving the rest signing it online through Dot Loop.

With today's communication ability, we are able to leverage our own needs by joining expansion teams from within the office, and from offices outstate expanding to other markets. By teaming together, we are able to hire top of the line administrators which allow agents to focus more time on more customers, increasing gross sales and personal income. 

Nov 12, 2017 05:19 PM
Rainmaker
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

All

Nov 12, 2017 11:13 AM
Rainmaker
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Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

All of them!

Nov 12, 2017 10:31 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Location will rule the roost for value. Condos will be strong for entry level

Nov 12, 2017 10:00 AM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It varies on the market you are in. If the town is 60,000 then you specialize in everything, if over 1 million, be specific. 

Nov 12, 2017 09:57 AM
Rainer
14,153
Fahlman Property Group
Realty ONE Group Preview - Marysville, WA
Real Estate Team Serving Snohomish County

Brokers need to start focusing on two markets. Millennials and hyperlocalization

Nov 12, 2017 09:34 AM
Rainmaker
2,891,678
Richard Weeks
Dallas, TX
REALTOR®, Broker

I vote for working with investors.

Nov 12, 2017 09:12 AM
Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I have always worked with all generations and will continue to do so.

Nov 12, 2017 08:27 AM
Rainmaker
983,908
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Those who have the means.  Today income level shows the ability to obtain mortgages.  It is really the savings that allows one to get in or out.  Those FHA, 10% folks sorry. You are unlikey to be considered by almost all home sellers.

Nov 12, 2017 08:27 AM
Rainmaker
1,023,842
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Nov 13, 2017 07:41 AM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Mine is new construction , but from 1990-2000 was Corp. RELO .

Nov 13, 2017 04:47 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

All of them.

Nov 12, 2017 08:53 AM
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Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

In our area 55 + 

Those buyers are established and getting 2nd home for vacation.

Nov 12, 2018 11:41 AM
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Baby boomers - second homes, vacation homes! HUGE Market! 

CASH BUYERS! 

I never have to talk to a millenial if I don't want to , hehehe, for the next 10 years! 

Other niches - Condos and lofts in urban downtowns of mid to large cities. 

There will be a bust coming, so we are ready for short sales when they coe around again. 

Land development is huge again, this is a great niche. We were in this niche in 2003 through 2006, until real estate crashed here in FL. 

All those movie stars who said they would move to Canada! HEHEHE! 

 

Nov 14, 2017 07:11 PM
Rainmaker
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Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

Great question, I hadn't thought of it but I will love to see some of the answers.

Nov 13, 2017 02:08 PM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

All of them.

Nov 13, 2017 07:51 AM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I keep it simple - Buyers and Sellers!

Nov 13, 2017 06:33 AM
Rainmaker
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Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Somebody whom will retired in a few years - so, I'd day 60+ from North.

Nov 12, 2018 12:22 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Good answer from Debe.

Sep 02, 2018 11:22 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I love first time buyers and relocation families, which I will continue to target.

Nov 15, 2017 06:18 AM
Rainmaker
3,063,664
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

people are living longer but do not want to do outside work and want more patio homes or over 55 and older.

 

Nov 14, 2017 02:02 PM
Rainmaker
287,830
Andy Brown-Climer School of Real Estate
The Climer School of Real Estate - Orlando, FL
The Best Real Estate School in Florida

baby boomers, however in 5 to 7 years, then it will be the millenials

Nov 14, 2017 05:02 AM