There are two major trends occurring in real estate which will affect certain areas of the market more than others. But, bottom line, these are trends that will become abundantly clear over the next few years.
- Low- and middle-income areas that were devastated due to lots of short sales and foreclosures now have low supply and are seeing healthy appreciating markets.
- Larger homes were the trend of the late 1990s and 2000s; the next generation has endured a different financial past, which curbs demand for those larger homes.
The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills