3 Real Estate Trends Coming in 2018
LOUISIANA REALTORS • November 15, 2017
This is the time of the year when experts take a look in their crystal ball to see what the future may hold. Whether its major changes, new developments, or simply a continuation of things from the current year, having an idea of what is around the corner can help you plan for success and avoid unexpected challenges. Here are a few things that you should expect in 2018.
Smart Home Automation
Just as smartphones have replaced cell phones, smart automation in homes is taking priority. A typical security system is no longer a differentiator. Offering platforms that can keep a homeowner connected and in control everywhere is going to be high on a buyer’s
list. Shading, light, and A/C automation to control costs, along with surveillance and cloud access can all be vital in garnering consideration.
Generation Z
As the calendar turns another year, we get closer to a new generation entering the home buying market. This year that will start to become Generation Z. Anyone born between 1995 and 2014 falls into this category, meaning the original Gen Zer’s will be turning 23, graduating from college, and beginning the home buying process. In the coming years this will be a bigger part of the shopping market.
Focus on Specialization
For real estate agents
it is becoming more difficult, and more important to differentiate yourself. Fortunately there are more tools than ever before to help you carve out your own niche. Social media, web presence, and networking can all help you attract the types of clients that you want. These platforms can also help you be found by buyers and sellers
that are looking for a certain type of service level.
CONTACT US
While these are only a few of the expected trends coming in 2018, they offer you a good place to start and get prepared for what should be a great year.
Take advantage of safety training and other resources provided by your local REALTOR® Association in Louisiana.
Construction Update: Act Nos. 239 and 422 Eric Landry, Breazeale, Sachse & Wilson, L.L.P. Louisiana REALTORS® Counsel
NAR is pleased to share the latest consumer guide focused on how the VA Home Loan offers a great path to homeownership for current and former military service members. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: What Is the VA Home Loan Guaranty? 10 Tips for Packing Smartly for a Move State and Local Tax (SALT) Deductions Buying a Historic Property Making Your Home More Energy Efficient Working with a Real Estate Attorney Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for the next consumer guide, which outlines requirements for private mortgage insurance and how it protects lenders and consumers.
