Millennials Turning to Condos and Shun Traditional Homes

Photo courtesy of Matt Hintsa via Flickr, Creative Commons The 21st century has seen an increase in millennials preferring urban living. An article by Mike Wheatley in Realty Biz News stated that 1,000 adults aged 18 to 35 prefer small-sized but functional homes, as per referral to survey results obtained from Better Homes and Gardens. As urbanity continues to thrive around the world, condos in key cities subsequently play integral…

Real Estate Investment in Today’s Economy

Real estate investments in the Philippines have continued to rise over the years. Despite of the economy’s ups and downs in 1997, real estate industry began to stabilize in 1999 because foreign investors have seen the country as a pleasing tourist destination. In fact, according to Fitch Ratings and Standards & Poor’s evaluation, Philippines’ Gross Domestic Product (GDP) last year (2012) increased by 6.6 percent, which was the highest in…

Is Condominium Investment Still Worth It?

Buying property for low price then later selling it at a much higher value later is surely an attractive investment. Add to that the allure of living in a condo near the city and you can’t go wrong with investing in a condominium. With the rise of urbanization, owning a condo seems to be a next to the logical thing to owning a house. Also, the target market for condominiums,…

Are real estate agents going outdated?

This is probably one of the hottest debates in Real Estate right now, and trends like this could mean looming changes in the market.  It will be very difficult for real estate agents in proving their value because home buyers can now easily perform many of the functions that an agent had to do in the past. The very essence of how the idea is evaluated shifts greatly due to…