Grand Valley Happenings
Global Luxury: A Look at Wealth
Posted by Shanna Shepherd on October 28, 2021 in
uncategorized
Luxury Real Estate has been seeing an expansion over the years. The impact of COVID is still strong in the market as people decide to look for their dream house as well as expand into second and third homes. Movement in the market has caused luxury properties to be in high demand. New groups of influence are on the rise and the definition of luxury is changing.
Real estate wealth is surging. This investment has seen a huge increase in dollar volume from 2019-2021. The wealthy have always considered real esta... read more
Global Luxury: A Look at Wealth
Posted by Shanna Shepherd on October 28, 2021 in
uncategorized
Luxury Real Estate has been seeing an expansion over the years. The impact of COVID is still strong in the market as people decide to look for their dream house as well as expand into second and third homes. Movement in the market has caused luxury properties to be in high demand. New groups of influence are on the rise and the definition of luxury is changing.
Real estate wealth is surging. This investment has seen a huge increase in dollar volume from 2019-2021. The wealthy have always considered real esta... read more
Knowledge Is Power When It Comes to Appraisals and Inspections
Posted by Shanna Shepherd on October 27, 2021 in
uncategorized
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market.
But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind. Here’s a... read more
The Big Question: Should You Renovate or Move?
Posted by Jacqueline Styons on October 26, 2021 in
uncategorized
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:
70% of respondents want more outdoor living space
69% of respondents want a home office (48% wanted multiple offices)
46% of respondents want a multi-function room/flexible space
42% of respondents want an au pair/in-law suite
39% of respondents want an exercise room/yoga space
I... read more
What Do Supply and Demand Tell Us About Today’s Housing Market?
Posted by Jacqueline Styons on October 18, 2021 in
uncategorized
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise significantly.
Understanding the impact both supply and demand have can provide the answers to a few popular questions about today’s hou... read more
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