Tag Archive | Real estate market

4 Reasons Why Countryside Real Estate Is Slowly Gaining Popularity

For years, property prices in cities and towns were a lot higher than those for similar homes out in the countryside. That makes sense when you think about it – everyone wanted to live in urban areas to be close to jobs.

However, these days the real estate trend seems to have flipped and now most people are instead looking to make a move out to the country. As a result, country real estate prices are on the rise while the value of homes in cities and towns is now relatively stagnant.

real estate

Why is that? Why have people started to choose country living over life in the city? Here are some possible theories.

1. People Want A Slower Life

One of the often cited reasons for leaving behind life in a big city is that it has gotten way too stressful. After all, just look at cities like London and New York City.

They are packed full of thousands of people, and many people find that their business is just too overwhelming. Moving out to the country gives people a chance to unwind and relax in perfect peace and quiet.

2. Rural Transport Links Have Improved

Real estate in the country also looks better these days as rural transport has greatly improved over the past few years. Now you don’t have to be reliant on a car to get around the countryside.

Many villages and small rural communities are well connected with buses and trains, and there are plenty of public transport lines that take villagers directly to the nearest city at convenient times.

 

3. There Are Lots Of Health Benefits

We can’t deny that there are plenty of health benefits that come with country living. Many families are choosing to move out of the city so that their kids can escape all of the pollution.

They’d prefer them growing up cleaning fresh air every day. As living in the country is also not as stressful, many people find that this slower way of life can help with many stress-related ailments, such as high blood pressure.

Plus, many people are encouraged to be active once they move to the country. There’s plenty of opportunities for walking and bike riding, so they get more exercise without even trying.

4. There’s A Great Sense Of Community

If you ask anyone who lives in a city or town, I’m sure that they will tell you that they don’t really know who their neighbors are anymore. A couple of decades ago that was completely different and neighborhoods in towns fostered a real sense of community.

Everyone who lives in rural areas still benefits from community ties, thankfully. There are always lots of community events held in village halls and churches so everyone in a village or hamlet gets the chance to meet one another.

This is also great for newcomers to the village, as it helps them make friends and settle in quickly.

If these points are anything to go by, it looks like real estate out in the country could be popular for a little while longer yet!

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Five Mistakes That Every Novice Property Developer Should Avoid

 

novice developerGetting started in the world of property development can be a daunting task. There are courses to take and lessons to learn, but much of what you’ll learn from property development comes from a mix of common sense, intuition, and experience. The property market is a volatile one that can change at any moment, so it’s important that you notice the signs of failure and when to pull out before it’s too late.

In order to give you a hand, here are five mistakes that almost every amateur property developers makes, and should try their best to avoid.

  1. Quantity over quality

This is a rather simple and straightforward tip. Don’t bite off more than you can chew, don’t assume that you’re going to be able to handle more than a single property sale at a time with your lack of experience.

Not only does it take a lot of coordination and time management skills to deal with multiple clients fighting over different houses, it also eats into your mental state and can easily stress you out. As a new property developer, you need to focus on making a quality sale in order to spread your name and perfect your sales skills.

  1. Replace terrible builders

If you’re renovating a property or building on new land, then don’t allow terrible builders to ruin your chances of making a sale. Builders are no strangers to charging you more money for a simple build or trying to dazzle you with their lingo.

Make sure you’re looking at online resources such as this brick guide to learn all about construction. A bit of time investment into the subject of construction can go a long way and help you identify builders who are legitimate and those who are trying to con you.

  1. Over Exaggerating

There are many things you can over exaggerate when it comes to the property market. Perhaps you write a brief article about your new development projects and overestimate the end results. Perhaps you install appliances and complicated decor arrangements in a house that look out of place.

Maybe you’re focusing too much on luxury when it’s an apartment that should be designed for low-income families. Whatever you do, set limits to your development projects and always design for the area your property is in, don’t go overboard trying to stand out.

  1. Stay professional

Don’t get too cute with your clients. When you’re showing them a property or speaking with them over the phone, don’t interject with personal comments. If your client makes a comment about something they dislike about the property, don’t say anything that could relate to your opinion.

Don’t tell them you agree, don’t tell them you disagree and don’t give them reasons for it. Stay professional, keep your distance from your client and answer their questions, not their opinions.

  1. Developing in the wrong area

If you’re going to invest a lot of money into the real estate market, then make sure your area of focus is a profitable one with a lot of traffic.

If you build in an area that is niche or doesn’t get many buyers and sellers, then you’re wasting your time and you’re better off investing your money into a new development project and renovating existing houses in popular areas.