For real estate agents, the world of real estate is an ever changing one. Home ownership rates are constantly changing along with the housing market, and the typical realtor must be always adaptable. This holds true when it comes to technology as well. Because of the rapid shift in housing trends that is possible – as well as the changing way in which people relate to the world, tools such as CMA software and CMA reports can help real estate agencies and specific real estate agents be as successful as they can possibly be, as the use of CMA software can help them to track data.
,br>One of the trends that tools such as real estate CMA software and CMA presentations can help to keep track of is that of the standard age of the people who are buying homes in the United States. Spoiler alert: it’s not what many people necessarily think it would be. In fact, more younger people are buying homes for the first time than many people realize, with those who belong to the Gen Y and Millennial generation buying very nearly thirty five percent (thirty four percent to be more exact) of all of the homes that are sold in the United States. And this is not a trend that is expected to slow down. If anything, it is expected to pick up and rise in prominence in the years that are to come. Realtor CMA software can help to analyze this data – and gear real estate agencies to cater to the younger generations who are likely to be more technologically adept. In order to do so, it is likely that many real estate agencies will have to a) either get a website in the first place or b) update their existing website to make it more easy to interact with as well as more pleasant to navigate and use. After all, more than ninety five percent of all current customers in the United States will judge a website based more on the design of the website than on the actual content that the website holds (though the quality of said content is still, of course, an important factor).
The reasons that homes are being bought are also important for CMA software of various origins to analyze, as not all homes are bought with the intent of living in – at least not by the new owners. Investing in homes is becoming more and more popular throughout the United States and many people believe investing in property is a sound financial decision. In fact, nearly twenty percent of all homes purchased in the United States (nineteen percent, to be exact) are purchased with the express intent that they will be used for solely investment purposes. This is important for real estate agents all around the country to know, so that they can gear up their sales pitches for various purposes and perhaps even advertise in different ways. Fortunately, this type of access to crucial and vital information is now possible thanks to the advent and use of CMA software in real estate agencies around the country.
It is also important to know where new and prospective home owners are looking to move to. Fortunately, CMA software can help to track this, cataloging the fact that the ten most valuable and desired city, urban, and metropolitan areas all throughout the United States make up an impressive more than thirty five percent (thirty six percent to be exact) of all of the housing stock here in the United States. These areas are in high demand, to be sure, but not all of the clients at any given real estate office will be able to afford these homes and condos – or the prices of living that are likely to be sky high in these such areas. For most people, moving to the suburbs is the best way to have as much of the good life as possible, and the growth of the suburbs is still incredibly strong, with more than eighty percent of all of the residential growth that is to come in the next few years expected to happen in the suburbs.