Boomers impact housing opportunities for Millennials

March 10, 2016

32 percent of the U.S. population is 50 years or older, and two-third of the primary home equity is owned by those over 55. The choices made by this demographic group will impact housing opportunities available to younger generations, especially millennials. Much attention has been paid to millennials’ attitudes toward homeownership. Millennials recently overtook baby boomers as the largest living generation, meaning their decisions about homeownership will likely have a significant effect on the U.S. housing market.

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Homes Across the Country Are Selling Fast

Infographic | May 28, 2021

In today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea. Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days. If you’re looking to sell your house quickly and on the best possible terms, today’s market can’t be beat. Reach out to a local real estate professional to discuss how to secure a speedy, top-dollar sale for your house.

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San Mateo County Home Sales November 2019

Infographic | December 10, 2019

November 2019 San Mateo County home sales reports.

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The Homebuyer's Roadmap

Infographic | June 14, 2022

Meet with a Real Estate Professional. Discuss the type of home you;re looking for, including style, price and location.

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2022 Housing Market Forecast

Infographic | May 6, 2022

What does the rest of the year hold for the housing market?Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect so you can make your best move this year.

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History Proves Recession Doesn’t Equal a Housing Crisis

Infographic | June 3, 2022

It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008.

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Impact of Real Estate Asset Management on Portfolio Performance

Infographic | May 23, 2023

Real Estate Asset Management's complexity and impact on portfolio performance have affected businesses and investments. Explore insights to simplify the process.

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Parks

Residential real estate is the heart of our business; however, it is our commitment to customer service that has inspired us to grow in many directions. Our goal is that you consider Parks to be a trusted and thorough source of real estate information.

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