1st Inside this issue Quarter 2019 | Volume 25, Issue 97 2019 Real Estate Factors 1 2019 Real Estate Factors “Inside the Dog Pound” 2 A number of factors are in play to impact our real estate world and particu- New Listings 3, 4, 5, 6 larly the world of housing: 7, 8 SOLD 1. The Economy and Interest Rates It appears the Federal Reserve may be content that the Tax Cut Act Pinnacle Awards, Tribute 9 is enough and the economy is stable without any additional rate hikes; certainly good news for homebuilders and their prospective New and Improved Roads 10 buyers. Cowboy Wisdom Development on the go! 11, 12 2. Politics and the Run to 2020 Presidency Housing, 13, 14, 15, The trade wars and tariff changes have had an impact and the more 16 development-friendly rules changes on regulations have been a wel- come factor. Market Overview 17 Residential Expansion 18 3. Demographics The “Baby Boomers” who have been unpredictable, continue to be different than those older than them; they don’t all plan to retire and Team Dirt Dog when they do, it may not mean a home in Florida or Arizona. The other large group, the “Millennials”, have been slow to move out of their parents homes, slow to consider buying a home, and much more urban in their locational choices. Bill Eshenbaugh, ALC,CCIM Licensed Real Estate Broker Florida President/Broker 4. Affordability of Housing 813-287-8787 Ext.1 Cell 727-410-9595 Costs have gone up in all areas from land prices, impact and permit-
[email protected] ting fees, labor, construction costs, materials, and tariffs and have Ryan Sampson, ALC, CCIM Principal /Broker all made housing much more expensive.