Millennial Homes and Housing Trends
b'with\\xa0Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL
Terry updates us on housing trends such as younger adults moving out of their parents\\u2019 homes as the economy improves \\u2013 a potential game-changer that favors household formation and the housing market as these millennials settle down, marry and have families, and take advantage of low mortgage rates and lower down-payment requirements. She also sheds light on indicators such as Pending Home Sales and why they act as forward-looking indicators for the housing market, and why builders have been piling-on incentives such as free Ferraris and Teslas on high-end multi-million-dollar homes. Terry answers a listener\\u2019s question on whether he can sell his unused parking space to a neighbor, and walks through all the caveats. Finally, she tells us how weather trends in the northeast are impacting Florida real estate.'