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Builders Bet on Luxe Townhomes to Win Over Young Buyers

Builders Bet on Luxe Townhomes to Win Over Young Buyers January 17, 2019 Builders across the country are betting on luxury townhomes to try to get more young adults into homeownership. Open floor plans, high ceilings, and upgraded amenities are features they hope will lure millennials to buy their first home. “When a lot of people think of townhouses, they think of these very narrow homes because the floors are stacked on top of one another,” Felix Bravo, a sales executive with Pordes Residential in Miami, told Forbes.com. He is selling townhomes up to 3,000 square feet starting at $900,000. “With the amount of space we have, they have a very open feel.” The amenities include a private rooftop terrace with a jacuzzi and outdoor kitchen. “The wow factor is how much space they have and how luxurious the interior is in terms of appliances, cabinetry, and the kitchen island,” says Bravo. “The second biggest wow factor is being able to go up to your own private roof...
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45% of Homes Sold in Less Than a Month

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Most homes are spending less than a month on the market. There are many factors you should look at when selling your house. If you've been thinking about selling, contact me at 571-970-7195 or whitney@whitneyminnich.com, to learn about what you can do to sell your home quickly. 45% of Homes Sold in Less Than a Month DAILY REAL ESTATE NEWS | MONDAY, JUNE 29, 2015 Homes are spending less time on the market. Forty-five percent of homes sold in May were on the market for less than a month, according to the National Association of REALTORS®. On average, properties in May stayed on the market for 40 days. While that is up from 39 days in April, it still marks the third shortest time since NAR began tracking days on the  market in May 2011.  NAR's REALTORS® Confidence Index Survey showed that properties were selling in some of the shortest times -- within 30 days -- in Colorado, the District of Columbia, California, Texas, Oregon, Washington, Idaho, North Dakota, Kansas, ...
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December 2018 Portland Housing Market Recap Update

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The December 2018 Housing Market Recap update for East and West Portland is now available. Get the breakdown by clicking on the image below. There are many factors that go into determining the fair market value for a home. The fair market value is the price that a ready, willing, and able buyer is willing to pay and a seller is willing to accept, based on historical data. Contact me for a complementary and detailed market analysis specific your house, 503.953.6240 or whitney@whitneyminnich.com.
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