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Keeping You Current: Madeleine’s 2019 Real Estate Trends & Predictions

 



Madeleine’s 2019 Real Estate Trends & Predictions



Here at Compass, our mission statement is to help everyone find their place in the world. For me, a home is just that—it's the space, no matter how little or big, that is authentically yours. It's the space that allows you to plant a tree and watch it grow for years to come, it's the one place that allows you to reset, unwind, & relax from the outside world. It's not tied down to extensive rules or regulations that prevents you from being your authentic self; it's your space. So whether that's a luxury mansion, an oceanfront condo, or a single family residence with a greenbelt, it's my mission to help you find home.


Cheers!
Madeleine
 
 



 
 

What Buyers & Investors

Can Expect In This 2019 Real Estate Market



Millennials will keep buying homes — despite rising rates.

"The housing market in 2019 will be characterized by continued rising mortgage rates and surging millennial demand. Rising rates, by making housing less affordable, will likely deter certain potential homebuyers from the market. On the other hand, the largest cohort of millennials will be turning 29 next year, entering peak household formation and home-buying age, and contributing to the increase in first-time buyer demand.” — Odeta Kushi, senior economist for First American


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Where Is The Housing Market Headed In 2019?




DID YOU KNOW?  A weak housing sector has accompanied every American recession since 1965, but not every episode of housing weakness has accompanied a recession. An annual drop in the growth rate of residential investment (a good measure of homebuilding activity) of more than 10% has coincided with a recession six of the 8 times it has occurred since 1965. (In 1967 and in 1995, declines in residential investment occurred without a recession.) A significant drop in residential investment therefor appears to be a necessary condition, but not a sufficient condition, for a U.S. recession. Housing slowdowns tend to lead recessions rather than result from them.

-John H. Makin, November 30, 2006 | American Enterprise Institute
 
 





 
More Americans are Moving to Florida
Than Any Other State in 2018


Americans continue to pour into Florida at a rapid rate, according to newly released Census data.

The Next Miami reports from July 1, 2017, to July 1, 2018 Florida had net domestic migration of 132,602. The level of domestic growth was higher than any other state in the U.S.

Overall, Florida now has a population of 21,299,325 – third highest in the U.S.


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24 Hours That Suddenly Improved The Market


On Wednesday, the National Association of Realtors’ (NAR) revealed in their Existing Homes Sales Report that home sales had INCREASED for the second consecutive month. The next day, NAR’s economic research team announced that the percentage of first-time buyers in the market was higher than last month and even higher than a year ago.


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Making a House a Home Still
an Important Emotional Tie to The American Dream



What Makes a House a Home? No matter what shape or size your living space is, the concept and feeling of a home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.


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With 18+ years of experience in the South Florida Real Estate industry, Madeleine has made her mark as a top agent and broker. Her solid perspective of what is happening in the market along with the cutting–edge resources offered by Compass are the ultimate combination for success.
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