There are four distinct generations that are changing the types of homes in demand today. They include these generations: The Silent Generation: born 1925-1945 Baby Boomers: born 1946-1964 Generation X: born 1965-1980 Generation Y: born 1981-2000 Each of the generations have very specific housing needs which require updated floor plans. This is creating both challenges […]
Posts Tagged ‘Real Estate Market’
Generational Housing Needs and Their Effect on the Market
Six Tips for New Agents
Our industry has seen an influx of new agents over the last year. I was absolutely energized by the number of new agents who were at the National Association of REALTORS® Conference this last week. In fact, I had a few agents stop by our booth who had not yet even received their license yet! […]
Ask Denise: Spotting Market Trends
Q: Denise, I would really like to know more about how to research market statistics to spot trends, but I don’t want it to take a ton of time. What do you recommend? A: Good for you! Your first step should be to take a closer look at your MLS. Many MLS’s have either live […]
Ask Denise: Overpriced Listing
Q: Denise, I am the listing agent for an overpriced property. Unfortunately, I allowed it to be priced optimistically when I listed it a few months ago and my client is only allowing a minimal price reduction instead of the larger price reduction needed to bring it in line with the market. I told her […]
Inventory Shortages – The Next Bubble?
While my company has an international reach, many of my clients are based in the Puget Sound area of Washington State which is currently a very hot area for real estate. In fact, it is not unusual in several neighborhoods for there to be more than 10, 15, or even 20 or more offers for […]
The Changing Face of Real Estate | Week 1: Micro Housing
Entry from Wikipedia: MICRO HOUSING – A micro-apartment, also known as an apodment or microflat, is a one-room, self-contained living space, usually purpose built, designed to accommodate a sitting space, sleeping space, bathroom and kitchenette within around 150–350 square feet. “Micro housing” is fast becoming a reality in markets all across the country. For those […]
Report from the National Association of REALTORS® Conference
Last week, I had the privilege of attending the National Association of REALTORS® Conference in San Francisco. There were a number of highlights on my trip, including speaking to the Women’s Council of REALTORS® on the power of Memorable Marketing. Additionally, I got to know a number of fantastic agents who visited my booth to […]
Ask Denise: Third Quarter Market Update
Q: Denise, I want to send out a 3rd quarter real estate market update, but am not sure what to talk about in terms of what is happening, especially with the government shutdown that just ended. What do you recommend? A: For those who are uncomfortable with writing, I would let the stats do most […]
Ask Denise: Price Reductions
Q: Denise, I just hate talking about price reductions with my sellers. In fact, I get sick to my stomach for days before I have to have that conversation. I feel responsible, as I am the one who priced their home at that price in the first place. What should I do? A: I can […]