Boomers Can’t Sell Their Homes and It’s About to Get WORSE
Since the beginning of the year, I’ve been doing a deep dive into every aspect of real estate and what drives sales, prices, and inventory.
Generally, these are the weighted variables for housing market drivers:
Mortgage Rates (25%)
Income & Employment (20%)
Housing Supply & Inventory (15%)
Demographics and Migration (10%)
Government Policy & Regulation (10%)
Investor Speculator Activity (7%)
Credit Availability (5%)
Construction and Labor Costs (4%)
Consumer Sentiment & Macro Events (4%)
Although these are GENERAL weights, every market is very different.
For example, Florida is more reliant on Demographics and Migration than other States — and we have much more Investor Speculation.
Today, we will explore how the Demographic shifts will impact Florida going into the future and how Boomer+ demographics will drive the market over the next decade.
There’s a TON of opportunity ahead for investors and buyers. Let’s dive in!
e: jon@movewithmomentum.com
FYI - if you’re looking to get a valuation on your real estate brokerage in Florida or Georgia, reach out. Momentum Realty is growing RAPIDLY across the state and we are looking for top agents and broker/owners to connect with.
w: movewithmomentum.com