White-Hot Real Estate – Pt 1

The real title this week is, “Selling Real Estate in a White-Hot Market”.

Future topics include:

  • Real Estate (in general) in a White-Hot Market
  • How to Handle Real Estate as an Asset in Any Market
  • Renting versus Buying in a White-Hot Real Estate Market

ALL of these topics have come up in conversations with friends and clients over the past year, even more so in the past five months. There is no question that real estate – especially around major cities like New York, Chicago, Philadelphia, Raleigh/Durham, and Atlanta – is sizzling hot. Even cities such as Atlanta where there are residential areas inside of a sprawling city, those “suburban feel” areas are also on fire.

Whether or not to sell their home has come up in conversations with friends and clients over the past year, even more so in the past five months.

Continue reading “White-Hot Real Estate – Pt 1”

Quick Real Estate Thoughts

There have been lots of trends (mostly good) in real estate this year.

  • Existing home sales have been mostly UP and exceeding expectations
  • New home sales are near a 12-year high
  • Interestingly, a statistic that can be seen as mostly positive (for certain suburbs) but partly negative (for certain major cities) is that the Millennials who are between the ages of 25 and 39 have shown interest in moving OUT of several major cities.

river in between buildings
According to a recent piece of news, the list of cities losing Millennials and those specifically between ages 35 and 39 include first-tier locations like Chicago.

Continue reading “Quick Real Estate Thoughts”