Monthly Archives: November 2019

2020 Real Estate Sales Projections

We Are Already Looking to 2020 – What Trends Are Expected in Real Estate Sales?

With real estate selling trends changing from year to year, don’t risk getting left behind. Staying up-to-date on upcoming trends for 2020 can give you an advantage for your home sales and leave your competition in the dust. Keep the following real estate trends in mind for the new year.

Leave Recession Worries Behind

You might have heard fears about an upcoming recession and how it could devastate the real estate industry. The good news is that industry experts aren’t seeing any signs that you should worry. In fact, the housing sector is still going strong. If anything, there might end up being a small dip in home sales or a plateau in home ownership levels, but these aren’t expected to have a major negative impact on real estate sales in 2020.

Set Your Sights on Suburbia

The suburbs are expected to be in high demand in the new year, especially among millennials with kids. With rising costs in urban areas that aren’t as affordable for more and more people, buyers are flocking to suburban communities that offer great schools and plenty of recreational and retail options. These areas are also becoming more diverse and walkable, giving younger buyers more incentive to look for a suburban home.

Go for the Golden Years Market

More and more seniors will be exploring their options for senior housing during retirement. The high numbers of this age group mean that there will be steady demand for senior housing options in the next several years. This includes options ranging from upscale city apartments to suburban homes for active seniors.

Get a head start on putting 2020 trends to use for your real estate selling. Contact Properties Online today to find out how we can help.

Sealing the Deal on Real Estate Before the Year Ends

Tips for Real Estate Agents on Closing the Sale Even in November

Closing on home sales in late fall or winter might seem more difficult than closing during spring or summer. However, you might be surprised to find out that certain real estate trends could make it easier to close, even in November. Keep the following in mind to help you close on home sales throughout the holiday season.

Less Competition

Fewer homes are on the market during fall and winter, so there isn’t as much competition. In fact, the number of homes for sale from November to December falls by about 15 percent on average. With a more limited number of homes to choose from, buyers might be more likely to put a bid on a home that you’re selling.

Tax Breaks

Buyers who want to make sure they qualify for certain tax breaks on purchasing a home, such as real estate taxes or mortgage interest, will be eager to buy before the end of the year. These buyers will be busy looking for a home in fall and trying to close on it by December 31st at the latest.

If you’re showing homes to buyers during this time of year, let them know about the tax breaks they might be eligible for if they’re unaware of these.

Online Convenience

Even if the weather is cold, buyers can easily search for houses for sale in the comfort of their current home. Online listings with high-quality photos and videos offer a convenient way to market these homes during this time of year when buyers might not want to drive around the area looking at homes.

Make the most of the latest real estate trends, so you can close sales all fall and winter long. Contact Properties Online to find out more about our services for real estate professionals.