Key Highlights North Hills in Raleigh NC - Part I North Winton Village in Rochester NY – Part II Emerging Class of Bright Spot Neighborhoods in Secondary Cities We all know that the COVID pandemic has accelerated the emergence of affordable and animated secondary cities. Standout neighborhoods located within these secondary cities are primarily, but not entirely, found in the South and...

1.  Virtual Workplace... the new normal. The pandemic strapped rocket boosters to a trend that was already happening: Work from home.  What used to be a rather unusual request for most, became required in 2020, on into 2021...  This means that freedom met opportunity to live where you wish and that working from home or 'remotely' has become normal.  Choice...

Key Highlights Places that cheap pre-pandemic aren’t now Orlando now less affordable than San Francisco Pandemic Migration Upends Housing Affordability Even pre-pandemic, superstar cities in the US and abroad began to price themselves out of reach.  Then came the pandemic that shut down many of the amenities that attracted world travelers to those superstar cities.  And on top of that, remote...

Key Highlights New Clever Real Estatereport indicates just 10% of intentional sellers actually sold homes over past year Same April 2021 Clever report indicates 77% of intentional sellers plan to list homes this year Sellers in Inventory’s Driver’s Seat Home sellers have been calling the shots in the country’s housing markets during the pandemic year beginning in March 2020.  Sellers have...

Key Highlights Experts participating at Urban Land Institute’s virtual Spring Meeting spotlight trends likely to dominate rental market Panelist experts spotlight institutional investment, NIMBYism and multigenerational home Institutional Investment in Single-Family Rentals Single-family rentals have been on the radar of individual investors for a while now.  Think of the millions of “hosts” registered with Airbnb, VRBO, etc. who rent out their...

Where are all the new homes?  Why are the builders so far behind? Can't we just build our way into more inventory? 1.    How do you find out about New Construction in your marketplace?  What questions should you be asking? 2.    Who is building what and where? What is the registration process for your buyers? Which builders have waiting lists? *Know before...

Key Highlights Cleveland’s median home prices and rents lower than national average Jobless rate now sits full point below national average Region of Greater Cleveland Ranked as 33rdLargest Metro in Country Cleveland, the largest city on Lake Erie and the second largest in Ohio, has a population of nearly 400,000.  Its metro area has more than 2 million.  Its county, Cuyahoga,...

Key Highlights Rising star cities like Greenville SC, Des Moines IO and Provo UT leading charge in country’s economic rebound Breakout cities attracting businesses and workers with larger, affordable homes, access to outdoor space, less congestion and mix of high-tech and old-school jobs Rising Star Cities Building  Vibrant Economies Even pre-pandemic, midsized cities  such as Greenville SC, Des Moines Io and...

Key Highlights More than 7M households moved to different county during pandemic 2020 This 7M nearly .5M more households than moved in 2019 Remote Work & COVID Fears Spurred Migration Shift The COVID-19 pandemic and its promise of more flexible, remote work “encouraged” many large metro dwellers to file permanent change-of-address forms with the US Postal Service in 2020. More than 7M...

Key Highlights As economy recovers, prices rise Prices up +4.1% y/ “Inflation is the Cost of an Expanding Economy” According to the US Labor Department, inflation grew faster than it has in more than 12 years. The cost of everything (groceries, clothing, computers, you name it) increased +4.2% in April 2021. Douglas Boneparth, president of Bona Fide Wealth, said, “Inflation is the cost of...