Real Estate Marketing Specialists

Best Real Estate Articles of the Week – Dec. 6 Edition

Best Real Estate Articles of the Week – Dec. 6 Edition

The Best of the Week

December is the unofficial month of Prognostications. I’m enjoying the articles I’m reading and decided to pull out my crystal ball too. Here are my picks for best Real Estate articles of the week – Dec. 6

Real Estate Predictions for 2015

  • According to Zillow, next year will be the year of the Millenial home buyer. While Zillow studies may elicit scepticism from some Realtors,  several other sources are predicting similar things: Realtor.com Chief Economist Jonathan Smoke referred to “Gen Own” evolving from “Gen Rent”.
  • Rising rents and the slow-down in home price growth will combine to create an attractive environment for first-time home buyers. [Notice that I said ‘slow-down in price growth’ – meaning prices are still climbing, just not at the pace they were in 2013 and 2014.]
  • The trend is…houses are selling. In 2014, sales were up in every price range except for the under $100,000 range, according to NAR (National Association of Realtors) statistics. We have every reason to believe that sales will continue because demand will continue in 2015. Check out this chart from KCM blog:

Houses are selling

  • And this chart from KCM shows the projected home sales for 2015 and 2016 from three credible sources:

Projected Total Home Sales

  • Although we expect home prices to rise in 2015, they will be at a slower pace than 2014, which was a bit slower than 2013. Here is a chart from Housingwire with predictions for home prices from a survey by NAR: (note that Maryland is supposed to see a growth of 2% to 3%.)

home prices due to increase in 2015

Real Estate Articles for Sellers

Economic News

Important Things!

As you might guess, there were several laments regarding the loss of important business lessons that girl scouts may learn from door-to-door sales. But there are many important 21st Century business lessons that girl scoutsGirl Scout Cookies will gain from going online with cookie sales: Why It’s Important for Girl Scouts Cookies to be Sold Online.

As someone who geeks out on the opportunities in the digital space, I think it’s a great thing. I’m looking forward to the online marketing these brilliant young entrepreneurs will offer the world.

Comments are Welcome!

[photo credit: Mike Licht on flickr]

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Best Real Estate Articles of the Week - Dec. 6, 2014
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Best Real Estate Articles of the Week - Dec. 6, 2014
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Best Real Estate Articles of the Week - Dec. 6, 2014. Sales are up nationally,in Frederick Md too. Rent is rising, Millenials will buy real estate in 2015, and more real estate news.
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