Today’s News Synopsis:
What can real estate learn from the hotel industry? The National Association of Realtors reported a 1.7% decrease in pending home sales in October. In a follow-up to last week’s story of the “Silver Tsunami,” which housing markets will be impacted the most.
In The News:
ATTOM Data Solutions – “Top 10 U.S. States Where Homebuyers Are Most Likely Thankful They Bought During the Winter” (12-2-2019)
“According to ATTOM Data Solutions’ annual analysis of the best time to buy a home issued this week, winter is the best time to buy given the discounts homebuyers are realizing below estimated market value during the winter months.”
Apartment Therapy – “How Tulsa, Oklahoma Created a “Living Room” for the Entire City” (12-2-2019)
“The Gathering Place, a sprawling riverside park in Tulsa, Oklahoma, functions a lot like the city’s backyard. A free, public outdoor destination along the Arkansas River, the 66-acre space is equipped with towering playgrounds, a picturesque boathouse decked out with canoes and paddle boats, and a dining area overlooking the pond.”
National Association of Realtors – “Pending Home Sales Decline 1.7% in October” (12-2-2019)
“Pending home sales retreated in October, taking a slight step back after two prior months of increases, according to the National Association of Realtors.”
Inman – “In 2020, what can real estate learn from the hotel industry?” (12-2-2019)
“Hospitality provides an unexpected lesson in accepting disruption.”
Wall Street Journal – “Highways Give Way to Homes as Cities Rebuild” (12-2-2019)
“On South Union Street, workers are putting the finishing touches on a new luxury apartment building. Nearby, a museum plans an expansion and new parking garage.”
SF Gate – “Everything You Need to Know About Relocating With a Portable Moving Container” (12-2-2019)
“A portable moving and storage container can make your move less stressful, but be sure to follow these tips for maximum success.”
Orange County Register – “Housing shortage: Southern California listings plunge 20% as new escrows surge” (12-2-2019)
“Bad news for Southern California house hunters: There are one-fifth fewer existing homes for sale.”
MarketWatch – “These housing markets will feel the biggest impact from the ‘Silver Tsunami'” (12-2-2019)
“The U.S. housing market will soon see a “Silver Tsunami.” As baby boomers reach their golden years, a growing number of homeowners across the country will pass away.”
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with SDCIA on Tuesday, December 10.
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with Robert Hall & Associates on Wednesday, January 8.
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with OCREIA on Thursday, January 9.
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with CVREIA on Thursday, January 14.
Bruce Norris will be presenting Turmoil: The Coming Storm of Negative Interest Rates on Saturday, February 1.
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