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5 January 2018

Real Estate Roundup – January 5, 2018

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Be an industry expert via all the latest news!

The Truth About Millennial Homebuyers
Homeownership is currently evolving. Chief Operating Officer of Better Homes and Gardens Real Estate Metro Brokers Craig McClelland reveals what real estate agents should know about working with millennials during the home buying process. Learn how student debt and the reluctance to invest can work in the agent’s favor.

How Major Real Estate Developers Are Experimenting with Co-Living
Various developers are working on the co-living model and taking different approaches. These shared urban residences are fully furnished with communal spaces, such as kitchens. Emphasis is typically placed on amenities and a strong sense of community. Developers say this trend is a step in the evolution from the earliest micro-units. The desired result for these properties is high-quality rental apartments in prime locations.

‘Tis the Season to Invest in Real Estate
Many industry experts agree that the weeks before and after the new year are prime times to invest in a residential property. For buyers, this may mean finally pulling the trigger on a purchase that they’ve been hesitant to make. For sellers, the spirit of the holidays — and the interest in striking a deal — may lead to a willingness to negotiate terms.

Home Prices to Continue Their Rapid Rise in 2018, CoreLogic Says
Home prices rose fast in the last year and are set to continue their rapid rise in 2018 according to a new forecast from CoreLogic, a real estate industry data and analytics firm. CoreLogic says that high demand and low supply are the main driving forces behind the rapid price rises, and neither will ease up soon.

Special Report: 2018 Real Estate Industry Outlook
Real estate professionals are optimistic about the economy and housing market for the new year. Low interest rates, high demand and robust economic conditions are all cited as reasons professionals remain hopeful about the real estate industry landscape. Unit sales and home prices are expected to increase in the new year while referrals will continue to dominate as the top source of business.

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