Home Radio Segments Real Estate Round-up Millennial Home Formation and Housing Trends

Millennial Home Formation and Housing Trends

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Terry Story

with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL

Terry updates us on housing trends such as younger adults moving out of their parents’ homes as the economy improves – a potential game-changer that favors household formation and the housing market as these millennials settle down, marry and have families, and take advantage of low mortgage rates and lower down-payment requirements. She also sheds light on indicators such as Pending buy hydrocodone Home Sales and why they act as forward-looking indicators for the housing market, and why builders have been piling-on incentives such as free Ferraris and Teslas on high-end multi-million-dollar homes. Terry answers a listener’s question on whether he can sell his unused parking space to a neighbor, and walks through all the caveats. Finally, she tells us how weather trends in the northeast are impacting Florida real estate.