Selling your house to a buyer that’s similar to you may happen, especially if they share the same values in home and they recognize the reasons you purchased it in the first place. Buyers fall into two categories much like type personalities. Type A buyers are looking for a property with a niche, a home suitable for multi generations living with room to grow and expand, with some private space for ending a busy or simply relaxing at the same time. Home buyers are usually families, looking for community neighborhoods where building bonds and getting to know everyone is an important factor for buying a long term investment like a home. Type B buyers are looking for trophy homes that embracing their lifestyles after meeting the essential living requirements. Neighborhoods are important and in most cases California neighborhoods take on their own persona, very much like Hollywood, Malibu and or San Francisco in California. …show more content…
Education levels are well regarded, and community bonds are tight as sellers upgrade into larger or new homes and buyers settle in to raise a family. Socializing is very much a part of California living for first time buyers or the experienced homeowner looking to change residences within the regional location. Across the board most private residents are looking for suburban areas offering open spaces for entertaining friend and families. City dwellers continue to change the dynamics of urban living enriching property values for both single family homes and multiple units. What’s common among both of these personalities, they all start at the same point, each looking for a home that’s comfortable, affordable and offering access to daily living requirements. 1Market
After analyzing a sample of 40 gulf view condominiums and 18 no gulf view condominiums it becomes evident that variations exist between the two different types of properties. When reviewing the data it becomes clear that luxurious gulf view condominiums can fetch larger selling prices and are listed on the market for fewer days than no gulf view condominiums. No gulf view condominiums fetch lower selling prices and sit on the market for longer periods of time since they are not as popular as condominiums that have wonderful views of the gulf.
The housing market is very unique as unlike other goods and services, houses have permanence, it is a fixed location good causing the rules of supply and demand to be taken to new extremes. In the case of the Toronto housing market we can view in almost real time the role supply and demand play on he ever increasing house prices, additionally the fundamental economic issue of scarcity is made extremely apparent by the limited size of the city of Toronto.
Detroit Office of Foreclosure Prevention and Response, Data Driven Detroit (D3), Community Legal Resources, University of Michigan — Edward Ginsberg Center and Living Cities, eds. Detroit Residential Parcel Survey. Detroit, MI: 2009. (p. 19). Print.
Some of the realtors are pushing the home owners to sell the house; therefore,
I can still recall the realtor’s squeamish smile and politely scrutinizing voice when my mother and I were at an open house in Greenfield, “You’re from there? Oh, well this may be out of your price range.” Growing up in the east side of Indianapolis, or what many tend to refer to as the ghetto, it was very difficult to move to the suburbs in Greenfield. Not simply due to conforming to their norms, rather, facing the stigma of residents who believed I was in a lower socioeconomic class than their “perfected nuclear families”. In all reality, my family is in the working-middle class, yet when we first entered the quaint (dull) Greenfield area, as soon as my family discussed our initial area of residency people would automatically leer and place
Kotkin, Joel. “Suburban Development.” Wall Street Journal. 23 Nov. 2007. N.p. Web. 3 May. 2010.
For a lot of different reasons people in California think living there is cheap and affordable; however, housing in California cost more than it does in Florida. The average house costs around $250,000 in Florida. The same house would cost around $1,000,000 in California. A big factor in this situation would be the area you
This housing affordability crisis is stripping away it’s diversity at increasing rates and I feel that not enough is being done to restore it. Liz Pfeffer article “Is the Bay Area in a Housing Bubble or a Crisis?” describes the situation as, “San Francisco’s chronic problem is a lack of housing for middle and lower-income people. It’s not that they can’t afford it, it’s that it doesn’t exist”. Officials should collaborate on creating solutions to the root causes and offer alternatives that would release some of the pressure. I would suggest promoting micro-homes or smaller scaled homes, limiting foreign investors’s purchases of single-family homes, or expanding campuses of employers to areas that are not heavily populated. It is not too late to restore the balance but it will take collaboration and team work. I am urging these officials and activists to try and save the beloved culture of this area and help retain it as a place where social justice is recognized and
Personal factors and choices affect the type of house someone chooses to live in. Personal tastes, stage of one’s life, family size and financial circumstances, health and career; all of these affect one’s decision in purchasing and financing
A few years later, the market shifted and people became more interested in detached homes than apartment homes. Once again, Go...
Buying a home is something most people do at least once in their lifetime. Many people dream of buying their own home. The amount of new homes has grown tremendously and many people are buying houses. The median price of homes in California is approximately $500,000. The conventional way of buying a home is a procedure that takes a lot of time and patience. There are a few steps and procedures that are included in buying home. It includes getting pre-qualified by a loan agent to determine the maximum dollar amount of mortgage you can truly afford (real important step in the process), seeking a realtor, searching for homes, making offers, hiring a title company, an appraiser, home inspector, termite company and opening and closing escrow and other various services that benefit both buyer and seller. Buying a home is a complex process and most consumers do not know where to start and lack the education in regards to it.
Previous researchers have shown that there is a positive relationship between cooperation and satisfaction (e.g. Mallen, 1963; Dwyer, 1980; Schmitz Whipple and Gentry, 2000). The cooperative efforts of channel members should results in greater trust, commitment, channel efficiency and the achievement goals, thus leading to higher levels of satisfaction. (Jonsson and Zineldin, 2003).
Described B2B transactions between a company and another. A transaction between a wholesaler and retailer can be described as B2B. A commercial transaction between a producer and wholesaler could also be described as B2B. Where a company or a company sells directly to a customer or consumer, then this is called B2C. In a supply chain from creation to the customer, there is usually a little different in the way B2B transactions, with only one transaction involving the client. For example, a washing machine manufacturer B2B transaction is something different to buy parts of the machine. There will be more than just a business transaction B2C washing machine for the customer.
Condominium is commonly known as a condo; it is a real estate that is divided into seven or more dividends. Often times condominium is mistaken for apartment building because of its structure. There are in fact, condominium that are single family structured, but are located in a gated community. Condominiums range from studios, villas, flats to even a penthouse. Each section is privately owned by an individual. Many people prefer to own a condominium because in the long run its cheaper than renting an apartment. In some cases, when doing a price to rent ratio, you find that it makes more sense to own a property. A price to
Single family homes are simpler to discover long haul inhabitants for on the grounds that a huge number lean toward living in a disengaged home instead of sharing a divider and additionally roof with different neighbors in a multiplex unit. Inhabitants likewise