Monday, January 6, 2014

Icy Hot..

With wind chills of 25 BELOW zero, the phone still rings for a customer either wanting to BUY or SELL a home.




The market forcasts for 2014 are all looking good.
 KCM (http://www.keepingcurrentmatters.com)  is reporting
 
First Time Buyers..4.48million NEW households in the next 3 years. The Millenials will be moving out of Mom and Dads house..
 
Move Up Buyers ..Zillow is repoting that home equity has increased by 1.9 Trillion dollars in 2013.
this is an increase of 7.9% in the last 12 months. With pent up demand, move up properties will be in high demand.
 
Immigrant Buyers..with immigration reform, if this does get passed, these new buyers coming into the housing market would increase demand for housing and increase residential construction by $68 billion every year for the next 20 years.
 
There it is..it's ICY outside on this January afternoon, but things are just starting to HEAT UP.