February 22, 2020
Good Morning,
EMERALD BAY DID YOU KNOW?
Emerald Bay’s Active Listing inventory is DOWN. We only have 12 homes on the market with prices ranging from $3,950,000 - $19,800,000. 4 properties are under contract with 2 sales this year.
DID YOU KNOW?
Around half of Americans currently own unredeemed gift cards or store credits according to a new survey from Bankrate: that's worth over $21 billion! (CNBC).
DID YOU KNOW?
Millennial habits have the potential to impact real estate trends moving forward.....Here are some things that are changing amongst this generation (and remember not all millennials are the same):
- Millennials use doorbells less and less, preferring to text when they arrive. many live in apartments, not houses.
- Millennials are not using traditional large gyms as much as smaller, more specialized gyms.
- Millennials do not use landlines, cinemas or napkins the same way older generations have and do.
DID YOU KNOW?
Most people are not wealthy enough or too intimidated to buy investment properties, but now along comes MICRO-investing that allows consumers to buy shares of properties and customize portfolios, for as little as $5. The New York City-based real estate micro-investment app called Compound flips properties at a profit for investors. (more competition for buyers!) The model is similar to the traditional real estate investment trust (REIT), but micro-investing companies give investors the ability to become part-owners of specific properties — which creates lower fee structures, favorable tax benefits, and assets that are not tied to the stock market. (
YAHOO
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