Daniel CF Ng 伍长辉’s Post

Let's Bridge the Gap. We can help with several different creative ways to help you in buying your new home. #homesweethome #homebuying #homeownership #downpaymentassistance #ocrealestate #ocrealtor #mortgagelender #answers #icanhelp #givemeacalltoday #questionsandanswers

In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Reasons To Buy a Multi-Generational Home According to a recent study by the National Association of Realtors (NAR), the top two reasons people are opting for multi-generational homes today have to do with... #expertanswers #stayinformed Let's Connect! 😀 📲407-832-2615 📩danilo@novakrealtycorp.com 🌐www.novakrealtycorp.com

#miamirealtor #sellyourhome #miamihomes #onlyindade How Buying a Multi-Generational Home Helps with Affordability Today In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Reasons To Buy a Multi-Generational Home According to a recent study by the National Association of Realtors (NAR), the top two reasons people are opting for multi-generational homes today have to do with...

An interesting story by Conor Dougherty in The New York Times looking at development of small-sized new homes, with examples from Redmond and Albany, Oregon. The article profiles houses built by Hayden Homes and some of the consumers who are buying them. The article profiles a consumer in Redmond who is recently divorced and has an aversion to living in an apartment, which is the usual outcome for someone wanting a small housing unit. The average household size in the US has fallen from 3.3 persons in 1960 to 2.51 persons in 2023. Most of that decline happened in 1960-1980, when the average household size fell from 3.3 to 2.63, reflecting the combination of reduced fertility, rising divorce rates, declines in multi-generational families, and rising incomes. All things being equal, higher incomes allow for children to consider living independently of their parents. That would suggest that there would be a demand for smaller homes, except that higher incomes and a shift to working at home also increases the demand for space. Extra bedrooms become home offices, exercise rooms, or back-up space for visitors. The average size of new single family homes has risen from 2,065 square feet in 1990 to 2,522 in 2022. An angle that the story didn't cover is whether older, existing homes could satisfy the demand of people wanting smaller, more affordable homes. New construction is typically only 1-2% of houses in most markets. The average new home in the US is 2,522 square feet, whereas the average existing home is only 2,014 square feet. And while the average new home price in the US in 2022 was $464,200, the average existing home price was $372,800. These conflicting trends and differences in tastes suggest that there's likely to be a niche demand for smaller houses, which builders like Hayden Homes is trying to satisfy. This highlights the importance of keeping suburban zoning sufficiently flexible to allow for both large and small houses, as well as rowhouses and apartments. https://lnkd.in/gqxPi6iX

We often spend time thinking about “leasing leasing leasing”. I’m a proponent of “renew retain regain”. With rent growth softening in certain markets, we see renewal rates exceeding market - how can we prevent loosing out on renewals? …. If residents see some type of savings in staying - they will take it (along with a superb living experience). Offer renewal specials/incentives! It’s far more financially conducive then vacancy loss and turnkey costs at a lower rate AND with concessions. Focus on customer service, amenities and events that BUILD community. Retain - Renew - Regain

Hola Newark, Irvington, Orange, and East Orange How Buying a Multi-Generational Home Helps with Affordability Today In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Reasons To Buy a Multi-Generational Home According to a recent study by the National Association of Realtors (NAR), the top two reasons people are opting for multi-generational homes today have to do with...

Singles, we feel you. As if it wasn’t hard enough fending off intrusive questions from nosy relatives about when you’re getting married, being single in Singapore can also make you feel penalised in today’s economy. While it’s expensive to be single, things might start looking up when you turn 35 years old. Here's everything you need to know about purchasing your first HDB 🏠! #HDB #single #purchase https://lnkd.in/g2HiHAKB

An important question that many young couples face when looking to purchase their first HDB flat – should they opt for a 3-room or 4-room HDB flat? Buying your first home is a significant milestone, and it is crucial to make the right decision. There are various factors to consider when making this decision, such as your budget, lifestyle, future plans, and family size. So, whether you are a newlywed couple looking for your first home or an existing couple considering an upgrade, keep reading to weigh the pros and cons of each option to see which is best for you! #goals #hdb #bto #couples #housing HDB Living for Young Couples: Should You Choose a 3-Room or 4-Room Flat?

Many people wait to put their properties on the market until Spring believing that the housing market becomes more buoyant at that time. However, there is an abundance of people who due to New Year’s resolutions, marital breakdowns (January traditionally has a higher rate of divorce than any other month) and those who simply decide during their festive break that they would like to upgrade their home, who are looking to purchase properties after the New Year. That means that there are a large number of people looking for a property at the beginning of the year. This means that there is an opportunity for those who choose to list their property in January or February to avoid the increased competition amongst sellers that occurs during the Spring Rush. Increased competition during the Spring Rush means that many sellers discover that more choice on the market leads to lower sales prices. So, how can you seek to make the most of the early months of the year to sell your property before the Spring Rush begins? To continue reading: https://lnkd.in/eMGbJES

How Buying a Multi-Generational Home Helps with Affordability Today In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Reasons To Buy a Multi-Generational Home According to a recent study by the National Association of Realtors (NAR), the top two reasons people are opting for multi-generational homes today... #expertanswers #stayinformed Brigida Lopez, Realtor. Contact us now ?321-3006818