Your real estate customers are not who you think
Experts: Local areas can have diverse micromarkets
SAN FRANCISCO — Your customers are not who you think they are. That was the gist of several sessions at this week’s annual Pacific Coast Builders Conference (PCBC) at San Francisco’s Moscone Center. The conference is sponsored by the California Building Industry Association.
“There is no ‘today’s consumer.’ They are incredibly diverse,” said Brent Herrington, a panelist and president of Kukui’ula Development Co.
The U.S. population, nearly 309 million in the 2010 Census, will likely grow to 400 million in the next 30 years, said James Chung, founder of New York-based strategy and research firm Reach Advisors.
“America is the only fully industrialized nation in the world that’s growing. Don’t underestimate the impact of that on real estate demand,” he said.
The composition of that growth will be different from what it has been in previous decades, however.
This post was last modified on %s = human-readable time difference 1:50 pm
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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