Experts say it could be a challenging year for two segments of the real estate market in 2017. Across the U.S., 27% of online home searches in the fourth quarter were for starter homes, but only 21% of listings were in that price range, according to Trulia.
Meanwhile, just 44% of searches were for luxury listings, while 55% of home listings were priced at the high end. On the Commercial side, many large real estate investors like Blackstone are cashing out and taking profits, softening that market. Steve and Sinclair have a complete update plus the story of the Enchanted Florist just in time for Valentines Day!
You can read the article from Trulia at https://www.trulia.com/blog/trends/market-mismatch-q12017/