How Is Real Estate Going to Look in the Future?
Update: 2016-09-21
Description
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Today we are going to talk about a topic that we discuss quite frequently with other Realtors, the future of real estate.
There are a lot of millennials out there in the market right now that don’t necessarily want to own a home. Many of them rent, and their choices of where they want to live changes depending on where they are in life. They don’t mind living in subdivisions, but are open to a lot of other community type living options.
At the same time, we have a large percentage of empty nesters right now who have raised families that are looking to sell. There are plenty of options for them to buy or rent something smaller, and we believe condos with amenities would be appealing to them, as well as to millennials. We’ve been noticing an uptick in new construction lately in the area.
We’ve still got extremely low interest rates right now. They will probably continue to increase a little bit, but even then they are still going to be historically low. These rates are nothing compared to what they were 10 years ago.
The best thing you can do whether you are buying or selling is solid research. Make sure you have someone in your corner that you can trust to do that research, and take your best interest to heart.
If you have any questions for us, please give us a call or send us an email. We would love to hear from you. 
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