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19 January 2018

Real Estate Roundup – January 19, 2018

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Survey Results: What Keeps Brokers Up at Night?
Better Homes and Gardens Real Estate and RISMedia recently teamed up to find out which pressing topics, such as inventory issues, technology adoption and agent retention, should be addressed to give brokers peace of mind. The survey, ‘What keeps brokers up at night?’, used responses from industry professionals to create a detailed map of best practices for success.

Sonoma County Home Sales Jump 10 Percent to $3.97 Billion
Sonoma County’s housing market has been dramatically altered by recent wildfires. Along with a completely different landscape for real estate professionals to contend with, there has been an increased demand for homes in the area. Better Homes and Gardens Real Estate Wine County Group partner Gerrett Snedaker reports that the total inventory of houses and condos in December was the lowest of any month in the past 15 years.

You Can Buy Houses with Bitcoin Now — Here’s How Much it Would Take
The housing market has decided to entertain the highly volatile Bitcoin. Houses can now be purchased using the digital currency. However, the amount of Bitcoin needed to do the purchasing varies by city and may be surprising.

The Long View: Is the Real Estate Industry Ready for an Older New York?
Some members of the industry have only been focusing on the next generation of homeowners. Many have overlooked older generations, such as baby boomers, gauging a property’s worth only by whether it appeals to millennials. New York has long been the city that other markets look to when seeking trends. However, the young, hip city may experience a change when younger homeowners begin seeking refuge in suburbs and the industry has to look to other generations for business.

 

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