1) The 6,000,000 25-34 year olds who are still living at
home. This generation scored over
65% on belief in home ownership and a desire to buy. 2) The "green" initiative. Conserving and changing how we live in
our homes will shape the next 20 years.
This is both for new construction, which will be hurrying to catch up
once it starts up and also for existing home improvements. 3) The ever increasing Latino
population and their belief in home ownership. 4) Baby Boomers rapidly approaching retirement with special
housing needs, the need to downsize, and also their financial aid to their
children to buy. 5) The new
opportunity in short sales. The banks
continue to see its usefulness as a tool to reduce bad loans, and this will
continue to create buying opportunities to the patient buyer.
Friday, October 26, 2012
FIVE BIGGEST REAL ESTATE OPPORTUNITIES GOING FORWARD
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