I love projecting future trends. This one isn’t too difficult to predict. People are going smaller. The Millennial generation is not enamored with great, big houses and desire a lifestyle that won’t leave them bankrupt.
I have downsized from a very large home to two smaller home, one as my permanent residence and one for vacation. If you put my two homes together you would have one big house. I love them both.
I find smaller homes are easier to tend and maintain. I also like the fact that you have to think of a purpose for every item of furniture, clothing and mementos. A place for everything and everything in its place.
Designer Gary McBournie says: “I prefer living in a small house. It just puts its arms around you and makes you feel at home.”
Go small and go home…
All my best wishes to you and your families for a happy and health Christmas! Thanks for being a part of my family too.
Snow dreams – White Christmas? Here you go.
Use your imagination but yes, we have Alligators in Florida. #tastelikechicken
I love it when people think “outside the box” and come up with an original kitchen that screams luxury. These green cabinets and shiplap siding are just the right mix for fun and elegance not to mention the upscale Wolf gas stove. Did you know that kitchens are the most requested item for most buyers? This house would sell quickly.
You can view the rest of this farmhouse at:
Take time and enjoy the holidays! From my home to yours – Merry Christmas and Happy New Year.
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The results of their latest survey:
Home values will appreciate by 3.9% by the end of 2015, 3.4% in 2016 and 3.1% in each of the following four years (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.
The prediction for cumulative appreciation rose from 18.1% to 21.6% by 2020. Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 13.8%.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.