The "Silver Tsunami" describes what could be a massive home turn-over created by Baby Boomers as they age out. The numbers are impressive: The US Census Bureau estimates a population of 73 million people aged 65 and older. Some predict this could radically alter the housing supply landscape. But others argue this coming wave won't help housing supply much. The Baby Boomer generation spans nearly twenty years and thus homes that come to market will not appear all at once. Still, whether it's a tsunami or a long, rideable wave, market expert Meredith Whitney (who successfully predicted the 2008 crash), believes the wave could hit this year. That begs the question: What will this mean for real estate in the United States and how can you prepare for the wave that's coming? Following is … [Read more...] about Everything You Need to Understand About the Coming “Silver Tsunami”
Branch Out and Celebrate Arbor Day in a Different Way
Arbor Day is about more than just planting a tree, although that's the perfect way to celebrate. Here are a few ways to branch out and celebrate Arbor Day in a different way: TAKE A HIKE Organize a nature walk or hike to appreciate the beauty of existing trees in local parks or natural areas. Educate participants about the different tree species and their ecological roles. VOLUNTEER FOR TRASH CLEAN UP Participate in or organize a local environmental cleanup. Removing litter and debris from natural areas helps create a healthier environment for existing trees and promotes a cleaner community. (Explore other ideas for making a difference on Arbor Day.) DISCOVER YOUR INNER NATURE ARTIST Encourage creativity by organizing art projects related to trees. This could include … [Read more...] about Branch Out and Celebrate Arbor Day in a Different Way
10 Easy Ways to Make Earth Day Everyday
Our life and our happiness depend on our planet being clean and healthy. That’s what April’s annual celebration of Earth Day is all about. But Earth Day isn’t just about remembering our planet one day a year…..we need to honor Earth Day everyday. Here are 10 easy ways to make Earth Day everyday: … [Read more...] about 10 Easy Ways to Make Earth Day Everyday
NAR in a Nutshell: How the Surprise Settlement Could Impact Agents
Over the last several years we've seen one class-action lawsuit after another filed against the Chicago-based National Association of Realtors® (NAR) and its member brokerages. This also includes a legal battle with the US Department of Justice for anti-trust allegations. It now appears a settlement was reached several weeks ago on March 15, 2024. The surprise $418 million dollar settlement calls for NAR to eliminate decades-old commission rules and establish new rules for the MLS (Multiple Listing Service) participation. Changes are expected to be finalized sometime in July 2024 but consumers are already wanting answers. As such you must be prepared to answer questions from both sellers and buyers. Following is how the surprise settlement could impact you and your fellow agents: … [Read more...] about NAR in a Nutshell: How the Surprise Settlement Could Impact Agents
Why Spring is the Perfect Time to Inspect Your Roof
Although there is no "wrong" time to inspect your roof, spring is the ideal season for the task. Homeowners can take stock of any winter damage and prepare their roof for the summer. Regular maintenance can help extend the life of a roof and prevent costly repairs in the long run. Here's why spring is the perfect time to inspect your roof: … [Read more...] about Why Spring is the Perfect Time to Inspect Your Roof