Posts about Real Estate Trends or Real Estate Statistics
I believe this is my fourth interview with local news sources. I'm happy that they consider real estate expert Tre Pryor a source for their stories. Always happy to share…
The coronavirus and the restrictions mandated by our political leaders have challenged livelihoods and affected the masses across the globe. The damage has been historic. Most profound may be the fear that has been instilled into our minds. Social distancing and wearing face masks are just the beginning. People are rethinking almost everything in their lives. Many are now moving to the suburbs due to the pandemic to enjoy greater space and privacy. Relocation is now a growing topic on many people’s minds, maybe even yours.
Think about it. People are moving away from crowded cities to more open-spaced suburbs to keep themselves safe. Safety is perhaps the primary keyword of 2020. Social distancing is on everyone’s minds therefore, less crowded places are simply safer. Added benefits are increased privacy, serenity, and less noise.
However, the decision to move to the suburbs means we should consider some important issues. Careful consideration is necessary. That’s what this article is all about. We will list the things you should know before packing up so that you’re making an informed decision. Let’s begin!
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Out with the old, in with the new. It is undeniable that each generation has affected the shape of the market differently in its era. Thus, with the Millennials overtaking the market, and with the unfolding of the new generation leaf, Generation Z, marketers have lots of things to consider. So, why are many renting over buying a home?
Businesses should know how to approach their consumers. With this said, it is crucial to understand how the new generation thinks when it comes to buying necessities and how they perceive expenses.
As you delve deeper into this article, you will find out why the newer generations, both Millennials and Generation Z, are often finding an apartment over buying a home.
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If you’re looking to remodel your kitchen, then you have come to the most appropriate time. With the rise of technology and the moves at an unprecedented pace, you have a slew of options to choose from to make it a space in which you can live and operate in the most convenient way. In this piece, we’ll be looking at the hottest smart home trends.
Real estate markets can be unpredictable. But there are certain commonalities related to shifts in human populations—specifically as regards mainstream generations. A human generation is typically about twenty years. Going further there’s a general life arc that tends to have a seventy-year expectation attached to it. This piece looks specifically at the millennial generation and millennial real estate trends we can expect in the coming year.
In 2019, the housing market experienced low rates, limited supply, and high demand, especially in properties in the lower price range. Is the real estate forecast for 2020 going to be the same? The short answer is yes and no.
According to real estate, mortgage, and housing experts, the new year is expected to bring a mix of the old and some fresh vigor. Below is a snippet of what is in store for you in the year 2020.
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Curious about what your house is worth today? I get this question all the time. Should you have to share your email or phone number to get the answer? I’d rather not. You know you’ll get hassled by a salesperson if you type it on the web. So, here’s the thing…
There are more ways to buy a home today than ever before. It’s crazy! In the past, people generally hired an agent or went it alone. Today, we still have those options but now there are many more choices down both paths. If you’re thinking about selling your home this year (or in the future) keep reading. This expert advice will help you better understand what’s happening in the minds of today’s home buyers.
In years past, I titled this annual post “Bang for Your Buck by Neighborhood.” I started this concept in 2014 when I wrote for Insider Louisville. And it’s simply incredible to see how far we’ve come in just four years. I mean, stop and think about it. When you are thinking about the best places to buy a house in Louisville, it really starts with your budget.
Third times the charm? I'm not sure, I'll let you be the judge. A past client asked me to be on camera and share some Louisville real estate knowledge. This…
Once a year I run the numbers to see which are the best Kentucky counties for real estate. I do this by looking at the average sale prices over time for counties that are in and around Louisville, Kentucky. Sorry, the rest of the state!
So it’s that time of year again. The numbers have been crunched. The charts were prepared. Let’s dig in!
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A friend of mine shared this story about how California home prices are hitting their highest point recently. As I was reading, I thought, “Yeah, so have we here in Louisville.” Immediately, my next thought was, “I wonder how Louisville Home Values match up?”
Well… that’s the easy part.
First, I grabbed the chart from the California story.
Then, I went to collect all the same data for Louisville, Kentucky. Going a step further, I wanted to see both Average Home Sale Prices, as well as, Median Home Prices. Why not, right?
It’s no secret I’m a numbers geek. I believe if done correctly, stats tell us a great deal. So, I was quite surprised to see these results. After I collected all the data to determine the best month to sell your house I was blown away. Curious?
Each year I update the data required to determine, where is the best bang for your buck in Louisville real estate. I began this practice back in 2014. I’ve added a couple of new Louisville real estate areas to the mix but what has been most striking was the contrast between the most expensive areas and the best values.
Except, this year that’s not the case.
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So, you want to know how fast are homes selling in my area? Well, if you live here in Louisville, KY I can tell you. Otherwise, you’ll have to continue searching my friend.
