In an increasingly technological world, there are few industries that thrive on personal relationships like real estate.
The internet has torn down business model after business model, rendering them ineffectual and useless. Online giants have stormed the gates of the brick and mortar and middleman businesses alike, leaving cable tv, encyclopedias, print newspapers, and perhaps synonymous with this phenomenon, video rentals.
These days, the only time I hear someone mention the word blockbuster it is either preceded by the word summer and used in a movie context or it carries with it a connotation akin to going the way of the dodo. And the internet is responsible.
Peace of Mind: Your Realtor Contributions
One Hour in the Real Estate Market
We recently changed our clocks in recognition of daylight savings time. For many people, adjusting to the new schedule can be cumbersome, particularly when we spring forward because we “lose” an hour of sleep. Anyone who has had small children in their life knows the struggle this poses all too well. There are a lot of activities in a day, and an hour of displacement can throw a wrench in the works. We’re halfway through the week now, so hopefully everyone has hit a rhythm on the new schedule. Did you know how much activity takes place in the housing market across the country each day? Much like this post on an hour in the housing market, we’ll lay out some of the numbers, but this time we’ll reference the previous numbers too. If you’re an advocate for the US housing market or a homeowner, you’ll like the direct comparison… At this time …
Warren Buffett is Selling His Home
Warren Buffet, the second wealthiest person in the United States is selling his Laguna Beach home
Is the Housing Market Bullish?
The housing market is not very different from the stock market and it also has its ups and downs. However, many people believe there is a predictable annual seasonal cycle in the housing sector, and they are not off the mark. In the coming months, as the cold weather turns warmer and the spring flowers make their first appearance, you can expect to see a “bullish” housing market characterized by a hopeful and buoyant buyer base. There is a biting lack of inventory in the market at present, leading to the slowness in the market. If you subscribe to the view that there is a discernible seasonal variation in the housing market, then you can expect to see more activity in the spring. Buyer demand is traditionally at its lowest in the winter months. This is especially true of regions that endure a severe winter season with sub-zero temperatures, …
Study Shows Again Home Ownership to be a Better Way of Accumulating More Wealth
According to the latest national index report produced by Florida International University and Florida Atlantic University faculty, real estate market in the country remains in buy territory. Beracha, Hardin III and Johnson (BH&J) Buy vs. Rent home price Index has revealed that home prices climbed by about 5.4 percent in December 2015 as compared to the previous year. This price rise rate is the fastest since July 2014. Therefore, homeowners have a lucrative opportunity to accumulate more wealth, on average, than renters. BH&J examined the entire United States’ housing market, as well as the real estate market trends of 23 key cities and compared the data with, FAU reported. The researchers employed a horse race contrast between an individual who is buying a house and a person who rents a comparable quality residence and reinvests the money on bonds and stocks. Ken Johnson, a Professor at FAU and Real Estate …