Bidding wars in Akron, Ohio?!!
We have grown accustomed to stories of multiple offers over asking here in Denver, but it is also happening in places that you would not expect. There are several smaller, unassuming cities around the country that are experiencing their own hot market scenario. Akron is number 1 on the list, check out the full article to find out what other cities are heating up.
Tax reform is proving to have a positive impact on the economy overall, and the U.S. now has its lowest unemployment rate in 17 years. This impacts real estate in a number of ways. First, real estate sectors like commercial, office properties and industrial buildings are all experiencing a boost. Second, low unemployment is also good for residential real estate. More people working means more people who can buy houses and raise property values!
QUOTE OF THE WEEK
“Work like you don’t need the money. Love like you’ve never been hurt. Dance like nobody’s watching.”
See you soon,