With its warm climate, Florida is appealing for our aging population, especially the elderly. In fact, Florida is the national leader in drawing senior citizens from other states as permanent residents. According to a recent survey, baby boomers who are mostly now in their 50s and 60s, and older seniors are fueling rapid growth in the south Florida real estate […]
The longest economic expansion in modern American history could come to a screeching halt right before the 2020 presidential election. However, unlike our last major economic downturn, this won’t be brought about by the housing market. Banking On The Past As previously discussed, the 2007 financial crisis was catalyzed by exploitative banking practices which involved deceptive housing market indicators and […]
While it is no surprise that homeowners want to maximize the value of their property, it might come as an eye-opener that proximity to certain grocery stores can substantially improve the value of real estate. Surprising Statistics According to a recent study from ATTOM Data Solutions, major grocery store chains like Trader Joe’s, Whole Foods, and ALDI, were found to […]
What Is Zestimate? Created by Zillow, an online real estate database company, Zestimate is the company’s home valuation model, which estimates a home’s market value based on public and user-submitted information. It considers several factors, including home features, location, and market conditions. Currently it’s the most commonly-used home valuation estimator online and, yet, has been at the center of controversy […]
After seeing its stock plummet 85% over the past two years, Realogy, the largest residential real estate brokerage company in America, has partnered with Amazon, the largest online retailer in the world, in an effort to revitalize its sales and reestablish itself as the preeminent real estate industry giant. What Is Realogy? Realogy, which owns brands such as Coldwell Banker, […]
Nearly half a year has gone by since Amazon’s new headquarters search was making headlines. However, though the e-commerce giant has yet to declare where its new home will be located, it is important to note that Amazon, along with other e-commerce companies, are shaping how we live. Real Estate Industry and Innovation Back in June, Amazon officially opened its […]
Baby Boomers, as defined by the 75 million Americans born between 1946 and 1964, are said to be “clogging up” the housing market. How? While, generally speaking, Americans are known to follow a rite of passage in life – get married, have kids, buy a house, move to a bigger house, and retire into a smaller home – Baby Boomers […]
While housing has not been a major factor in past presidential elections, it appears that more and more presidential candidates are addressing the rising cost of owning or renting a home. In fact, at least 16 of the Democratic candidates have mentioned affordable housing in their platforms, and four have specifically released policy proposals. And President Trump has mentioned his […]