|
Welcome back! What did you think of our Property Management Software?
Are you subscribed to our feed and receiving email updates? |
Residential Real Estate Market Sunbelt
Over the last few years, real estate market has been shaped by national forces, which caused the real estate boom and bust. However, real Estate has always been a local business and prices are driven by local conditions.
Harvard Economist, Edward Glaeser has studied the growth of the Sunbelt and agrees that local conditions drive real estate markets. His study shows that winter temperatures are a key factor in determining the growth of population, which has a direct relationship with real estate demand. Regulations also have significant impact on real estate. Edward got lot of criticism for predicting that “older, colder” cities will never rise back again and that the future lies in the Sunbelt areas.
Money magazine interviewed Edward Glaeser about the factors that drive real estate markets and you can read that interview by CLICKING HERE
This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Find Out whether Your Hometown Real Estate Will Boom Again is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
- Top 10 Real Estate Markets Where Prices Have Gone Up. Did Your City Make the List? The ten metro areas with the greatest home-price increases over the past year largely missed the housing boom — so they had no bust. The Top 10 Real Estate Markets......
- 7 Tips for tapping into foreclosure boom for landlords, real estate investors Foreclosures are flooding the market and currently about 1.5 million of them are available for sale. This seems like a huge opportunity for real estate investors and landlords looking to......
- Demand for REO Pushes Prices Up, What’s driving Real Estate mini-boom? Prices of non-distressed real estate properties remained level and account for 55% of the total sales volume. 14% are short sales. 31% of purchases were REO properties and the average......
