Brought to you by Relocation Directors Council Percentage of - - PowerPoint PPT Presentation

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Brought to you by Relocation Directors Council Percentage of - - PowerPoint PPT Presentation

Nov 26, 2023 155 likes •758 views

Brought to you by Relocation Directors Council Percentage of Americans who see Homeownership as a Good Investment Americas Choice for Best Long -Term Investment Real Estate 35% Stocks 27% Savings Accounts 15% Gold 14% Gallup 2019 Strong

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Brought to you by Relocation Directors Council

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Percentage of Americans who see Homeownership as a Good Investment

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America’s Choice for Best Long-Term Investment

Real Estate 35% Stocks 27% Gold 14% Savings Accounts 15%

Gallup 2019
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“The economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold.”

– The Balance

Strong Economic Growth

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  • f millennials

who Rent are DETERMINED to Buy a Home

66%

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Renter

Millennials

> 5 Years From Now 3-5 Years From Now 1-2 Years From Now

Next 12 Months

When Do You Plan to Buy a Home?

40%

Within 2 Years

73%

Within 5 Years

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Wages Are Increasing

“Real average hourly earnings increased 1.2 percent from 2018 to 2019. The change in real average hourly earnings combined with a 0.3% decrease in the average work week resulted in a 0.9% increase in real average weekly earnings

  • ver this 12-month period.”
  • The Bureau of Labor Statistics
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Mortgage Rates Still at Historical Lows

“Modestly weaker consumer spending and manufacturing data…caused interest rates to decline... While signals from the financial markets are flashing caution signs, the real economy remains on solid ground with steady job growth and five- decade low unemployment rates, which will drive up home sales this summer.”

  • Freddie Mac
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Oklahoma City

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Population - 1,396,445

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Population - 991,005

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Dallas Fort Worth Texas The Difference is Day & Night

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Population DFW Metro - 7,539,711

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Plano, TX Built in the 80’s No Updates 2,200 sq ft 4,2,2, $299,000. Plano, TX Built in 2012 4,707 sq. ft 4,4,3, $675,000.

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Austin

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Population - 950,715

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San Antonio

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San Antonio Metro - 2,518,036

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Houston

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Average Days on Market VS Median List Price

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Metro Houston Population - 6,997,384

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