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Millennials prefer walking to driving, so housing market is changing

July 28, 2015 by ccc395

Millenials_ThinkStockMost millennials don’t want to live in neighborhoods that are only accessible by car, a National Association of Realtors survey found.

Kent Hoover Washington Bureau Chief
Jul 28, 2015, 2:13pm EDT

The days of suburban cul de sacs are numbered: Millennials prefer walking over driving by 12 percentage points, according to a new poll conducted for the National Association of Realtors.

That’s the largest margin in favor of walking for any generation. Millennials want to live within walking distance to shops and restaurants, and have a short commute to work. They also favor expanding public transportation and alternatives such as biking.

The housing market must change to meet these preferences. Millennial disinterest in traditional single-family homes may be one reason why the home ownership rate in the U.S. fell to 63.4 percent in the second quarter, its lowest level since 1967. Instagram can help you in the generation of leads, promoting your products and high user engagement; all by the use of online video content.

“While there is no such thing as a one-size-fits-all community, more and more homebuyers are expressing interest in living in mixed-use, transit-accessible communities such as 2 bedroom apartments or condominiums,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark.

Nearly half of Americans surveyed said they would prefer to live in neighborhoods that have small yards but are in easy walking distance to stores and restaurants, vs neighborhods with large yards but where driving is required to get to amenities, and since people love walking the use of the right shoes are important too, and that’s why going to sites as https://vessi.com/blogs/the-forecast/best-walking-shoes could be useful to find great choices for this, you can also find great ones at Bootbomb.

Around 60 percent of Americans live in detached, single-family houses, but one in four of these individuals would rather live in an attached home in a more walkable neighborhood.

There’s still strong support for maintaining roads and expanding them to ease traffic congestion, but more than half of survey respondents said expanding public transit and other alternatives to driving should also be top priorities.

“This poll shows again how strong a role transportation plays in housing decisions,” said Jennifer Dill, director of the Transportation Research and Education Center at Portland State University, which collaborated with NAR on the survey.

Filed Under: Atlanta, Georgia, Home, Housing News, My Blog, Real Estate

Real Cost of Home Staging for Sellers

June 8, 2015 by ccc395

Here is a great infographic that displays the “Real Cost of Home Staging” when it comes to selling your home. You can use these numbers to approximate your costs, they are slightly dated but give you a good feel for the basics. Contact Ed if you would like to talk further about today’s market.

This will get you on the road to Selling!

Home Staging to Sell_Edcorbett from Staging-Redesign

Filed Under: About, Atlanta, For Sellers, Home, Home Tips, My Blog, Real Estate

Closing Forms About to Get a Big Makeover

May 17, 2015 by ccc395

Here are some New procedures imposed by the U.S. Consumer Financial Protection Bureau to make the long Closing Process easier to understand by the consumer. Read more from the Washington Post and follow link below to see additional information. – Ed Corbett, REALTOR

Closing Time  –  New Procedures

article by: Michele Lerner May 14 / Washington Post

Closing Forms About to Get a Big Makeover

Some of the key documents in the mountain of paperwork consumers sign at closing time when they purchase a home are about to get a big makeover.The changes, which take effect Aug. 1, are being imposed by the U.S. Consumer Financial Protection Bureau to address problems that surfaced during the meltdown of the housing market when millions of buyers took on complicated loan products they didn’t understand and ended up losing their homes in short sales or foreclosure.At least one of the changes is aimed at giving buyers a little breathing space — providing them three days to review all the paperwork and ask questions about it rather than rushing through it at settlement, as many currently do.Anyone who has bought a home in recent years is familiar with the good faith estimate, the truth-in-lending document and the HUD-1 settlement statement. All three of those documents are set to disappear as part of the new rules established by the CFPB in accordance with the Dodd-Frank Act.

“The goal of the CFPB is to make it easier for consumers to understand their loan terms,” says Mitchel Kider, chairman and managing partner at Weiner Brodsky Kider PC in the District. “I think the result will be helpful to consumers but there will be a learning curve for everyone.”

Read complete article by following this link to Washington Post.

 

Filed Under: Alpharetta, Atlanta, Contact Me, Ed Corbett | Realtor, For Buyers, For Sellers, Georgia, Home, Home Loans and Mortgages, Housing News, My Blog, Real Estate

Money Saving Tips on Selling a Home

March 22, 2015 by Ed Corbett

Here are some great “Money Saving Tips on Selling a Home” from HouseLogic at the National Association of Realtors.  Link on the following articles and keep these points in mind when “Selling Your Home.” Be sure you’re walking away with all the money you’re entitled to from the sale of your home.  Contact Ed Corbett with any questions you may have in regards to the following.


  • Home for sale with lowered asking price

    6 Reasons to Reduce Your Home Price

    While you’d like to get the best price for your home, consider our six reasons to reduce your home price.
    Read


  • Woman reviewing house offer over the phone

    6 Tips for Choosing the Best Offer for Your Home

    Have a plan for reviewing purchase offers so you don’t let the best slip through your fingers. Read


  • Couple with loan officer at home closing

    7 Tips for a Profitable Home Closing

    Be sure you’re walking away with all the money you’re entitled to from the sale of your home. Read

Visit houselogic.com for more articles like this.

Copyright 2015 NATIONAL ASSOCIATION OF REALTORS®

Filed Under: For Sellers, Home, Home Tips, My Blog, Real Estate

The Do’s & Don’ts of Home Selling

March 20, 2015 by Corbett 2 Corbett Real Estate

Ed_C2C_websiteHere are some great tips to follow: The Do’s & Don’ts of Home Selling.

These are fairly basic and will put you on the “Right” track for getting your home sold, based on the current market temperature. Check out this engaging article from “The Real Estate Book” and let me know if this brings up any questions as you consider putting your home on the market. The Corbett 2 Corbett Team is ready to assist in listing your home for sale and getting it SOLD.

First impressions are everything when it comes to selling a home.

“Most people make up their mind whether or not they like a house within mere minutes of stepping foot inside,” explains Don Frommeyer, mortgage expert and CEO of The National Association of Mortgage Brokers. “That is why it is crucial to make sure that you (and your home) are putting your best foot forward.”

Here are the top Do’s and Don’ts for getting your home ready for the market:

  1. Don’t overdo it on the heat.
  2. Do consider curb appeal.
  3. Don’t expect people to use their imagination.
  4. Do invest in updates that matter.
  5. Do keep it bright.
  6. To get more chances of selling your home fast, you can hire a Real Estate Agent Marketing Service to help you sell your home.

Link here to read the complete “Do & Don’t” article on The Real Estate Book.

Filed Under: Atlanta, Corbett2Corbett Services, Ed Corbett | Realtor, For Sellers, Georgia, Home, Home Tips, My Blog, Real Estate

One Minute Housing Market Report

April 2, 2014 by Corbett 2 Corbett Real Estate

One Minute Housing Market Report – Atlanta

Here are a few items you will read about in this March’s ~ One Minute Housing Market Report – Atlanta
Follow the link above for the full report or link on any of the following links to specific articles. If you have any questions on the Market information then contact Ed Corbett with the Corbett 2 Corbett Team.

Pending Home Sales Hold Steady in January

WASHINGTON (February 28, 2014) – Pending home sales were essentially unchanged in January, according to the National Association of Realtors®. Monthly gains in the South and Northeast were offset by declines in the West and Midwest.  Read more

National market update

February Existing-Home Sales Remain Subdued

WASHINGTON (March 20, 2014) – Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors®. Read more

 

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Filed Under: Ed Corbett | Realtor, For Buyers, For Sellers, Georgia, Home, Home Tips, Housing News, My Blog, Real Estate

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From the Blog

  • Millennials prefer walking to driving, so housing market is changing
  • Just Because It’s a Seller’s Market Doesn’t Mean Your Home Will Sell Itself
  • 5 Issues That Will Impact Real Estate
  • Real Cost of Home Staging for Sellers
  • Closing Forms About to Get a Big Makeover

Corbett 2 Corbett Archives

About the Corbett2Corbett Team

Corbett2Corbett TeamThe C2C Team actively searches to provide you with answers to today's real estate market's questions. They work to put you in front of investment property or the perfect family home. C2C knows real estate. Click here for recent history & recommendations at Realtor.com.

Ed Corbett, team lead, has 18 years of sales and marketing experience. He specializes in the North Georgia area and has a keen understanding for maintaining constant communication with vital links in order to close the sales cycle. He is ready to assist you today. Contact Ed today and put the C2C Team to work for you.

Testimonials

Top qualities: Great Results, Informative, High Integrity –

We had been renting for the five years since moving to Georgia, living in three different homes! Periodically we would call upon Ed to show us houses, but we were not able to find what we wanted, where we wanted. Ed was very patient and willing to work with us as we sought the place we finally bought. He guided us through the particulars of real estate and offered his expertise wisely and well. Our experience was a very pleasant one.

February, 2012 – Dr. & Mrs. Titel / Buyer

About Ed Corbett

Ed, of The Corbett 2 Corbett Team, is a Licensed Georgia REALTOR®. Experienced with both buy & sale cycles of Residential Real Estate.
He is also BPO certified.

The Corbett 2 Corbett Team Keller Williams Realty First Atlanta
cell: 404.909.2299
office ph: 404.531.5700 (ext.3225)
Fax: 404.531.5708 Email: edcorbett@kw.com

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