Market Trends

What History Tells Us About Luxury Real Estate in Downturns Luxury homes have a track record of holding their ground when the economy doesn’t. In past recessions including the 2008 financial crisis and the 2020 COVID 19 dip high end properties generally retained more of their value compared to mid market or entry level homes.

Historical Context of Rent Prices Rent prices have seen various fluctuations over the past decades. In the mid-20th century, urbanization trends accelerated as people moved to cities for job opportunities. This migration increased housing demand, leading to higher rent prices. During the 1970s, rent control measures were introduced in several large cities. New York City,

Photo by Pixabay from Pexels Luxury homes are nothing like traditional homes, and the market for these high-end properties behaves differently. Buying one guarantees a high rate of return despite the high price tag. It’s only a matter of knowing how to get the best deal out of today’s luxury market. The biggest challenge in

Claiming Albuquerque is just a city would be an understatement. Located in the New Mexico region of the United States, Albuquerque of the region of New Mexico strives to address its history, innovation, and culture, something difficult for any city to achieve. The mixture of Spanish, Anglo, and Native American cultures makes Albuquerque a storybook

Current State of Housing Inventory Low inventory in the housing market significantly challenges prospective homebuyers. It’s vital to understand why inventory levels are so low and the factors contributing to this issue. Understanding Low Inventory Levels Housing inventory levels refer to the number of homes available for sale at any given time. A balanced market

The Rise of Remote Work Remote work has dramatically increased over the past decade. According to a FlexJobs survey, the number of remote workers in the US rose by 159% between 2005 and 2017. The COVID-19 pandemic further accelerated this trend, with millions of employees transitioning to remote work to comply with social distancing measures.

Understanding Green Homes Green homes incorporate sustainability and energy efficiency in their design and construction. These homes focus on reducing environmental impact and promoting healthier living. Definition and Features Green homes refer to residential properties designed with eco-friendly principles. Key features include: Benefits of Green Homes Green homes offer numerous advantages that make them attractive

Shift in Homebuyer Preferences The shift in homebuyer preferences stems from several key factors. Space is a primary driver; suburban homes often offer larger square footage and more rooms than urban apartments. For instance, families find suburban homes with multiple bedrooms and outdoor spaces appealing. Remote work has further influenced these preferences. With many companies