Brought to you by Relocation Directors Council Percentage of - PowerPoint PPT Presentation

Brought to you by Relocation Directors Council

Percentage of Americans who see Homeownership as a Good Investment

America’s Choice for Best Long -Term Investment Real Estate 35% Stocks 27% Savings Accounts 15% Gold 14% Gallup 2019

Strong Economic Growth “The economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold.” – The Balance

66% of millennials who Rent are DETERMINED to Buy a Home

Renter Millennials Next 12 Months 40% > 5 Years When Do You From Now Plan to Buy Within 2 Years a Home? 1-2 Years From Now 73% Within 5 Years 3-5 Years From Now

Wages Are Increasing “Real average hourly earnings increased 1.2 percent from 2018 to 2019. The change in real average hourly earnings combined with a 0.3% decrease in the average work week resulted in a 0.9% increase in real average weekly earnings over this 12- month period.” - The Bureau of Labor Statistics

Mortgage Rates Still at Historical Lows “Modestly weaker consumer spending and manufacturing data…caused interest rates to decline... While signals from the financial markets are flashing caution signs, the real economy remains on solid ground with steady job growth and five- decade low unemployment rates, which will drive up home sales this summer.” - Freddie Mac

Oklahoma City

Population - 1,396,445

Population - 991,005

Dallas Fort Worth Texas The Difference is Day & Night

Population DFW Metro - 7,539,711

Plano, TX Built in the 80’s No Updates Plano, TX Built in 2012 2,200 sq ft 4,2,2, 4,707 sq. ft 4,4,3, $299,000. $675,000.

Austin

Population - 950,715

San Antonio

San Antonio Metro - 2,518,036

Houston

Average Days on Market VS Median List Price

Metro Houston Population - 6,997,384