Joe Palermo of Lake Charles is a real estate developer who keeps his finger on the pulse of the latest trends in the business. The following facts will help other developers and real estate professionals stay on top of the most current trends in their field.
- Consumers are using their smart phones and mobile devices more than ever to search for real estate properties. This has been seen across the board, for both commercial and residential locations. As such, sellers have made a point to offer online listings that are mobile friendly and easy to view. This allows potential buyers to search while on the road, driving to the locations that they may be interested in owning.
Real estate sales are being driven by Generation X and Y. Generation X demographics, those buyers and sellers between the ages of thirty-five to forty-five, account for the largest percentage of home and business buyers. Generation Y, the group aged from twenty-four to thirty-four, make up the second largest pool. Both generations are more tech-savvy than their older counterparts and require a system that meets their demands.
Micro apartments, and small spaces in general, are a hot trend in all of real estate. More buyers are looking for small spaces to call their own. This trend helps the potential buyer to save money while still having a pace to call their own. Joe Palermo of Lake Charles finds the latest real estate trends both important to his career and interesting.
