Wednesday, November 7, 2012
FIVE BIGGEST REAL ESTATE OPPORTUNITIES GOING FORWARD
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.
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