Hottest Housing Markets of 2019

Hottest Housing Markets of 2019 Across America
You might be surprised to discover the hottest zip codes of 2019. The real estate market saw some new trends this year that caused a shift in hot spots. Metropolitan giants like New York and San Francisco are no longer leading the pack. To find the fastest-selling homes in America, we have to set our sights on smaller locales.

Realtor.com reports that Grand Rapids, Michigan; Omaha, Nebraska; and Boise, Idaho took the top three slots in 2019 for hottest zip codes. The rankings are based on how quickly homes sell and how frequently they are viewed on Realtor.com. The top ten list, which also includes zip codes in New Hampshire and Kansas, demonstrate growing trends in the real estate market.

One of the most significant shifts is the influx to areas outside the big cities. With prices in the Big Apple and other metropolises beyond many buyers’ budgets, home seekers are looking to markets where housing is less dense and is smaller and more affordable.

Millennials are a big part of the new trends. Making up the largest percentage of Americans taking on mortgages, millennials are seeking strong local job markets and affordable homes.

According to Realtor.com, millennial salaries in the top ten zip codes are, on average, 13 percent higher than the national median millennial income. Additionally, job growth projections for these areas are exceeding national growth projections. Lastly, the average home price in these areas is significantly lower, at $272,000, than the national median price of $316,000. If you’d like to learn more about current housing trends, I’m just an email or phone call away.


The Year in Review: A Look at the Top Headlines of 2019

It’s nearly the start of a new year and a new decade. As 2019 comes to an end, here’s a look at some of the most newsworthy stories of the year.

Diabetes research makes huge strides: Researchers at the University of California in San Francisco announced in February that they had successfully turned human cells into insulin-producing cells. The news brought hope that a cure for type 1 diabetes could be within reach.

Fire at the Notre Dame: The famous Notre-Dame de Paris cathedral went up in flames on April 15. More than 400 firefighters battled the blaze, which severely damaged the structure’s spire, roof, and upper walls.

Prince Harry’s heir arrives: Prince Harry and Meghan Markle welcomed their first child, Archie Harrison Mountbatten-Windsor, on May 6. Baby Archie is currently seventh in line for the British throne.

Women astronauts make history: On October 18, NASA astronauts Jessica Meir and Christina Koch entered the history books when they made the first-ever all-women spacewalk. The pair visited the International Space Station to replace a faulty battery charger.

Plant-based food goes mainstream: Beyond Burger became a household name this year when its surprisingly beef-like patties began widespread distribution in North America and beyond. The burgers and other meatless alternatives by maker Beyond Meat brought plant-based alternatives onto the public menu.


Is Virtual Reality Really Helping People Manage Pain?

Some top-ranked hospitals have turned to virtual reality as a way of managing pain. St. Jude Children’s Research Hospital in Memphis, Tennessee, is testing the use of virtual reality (VR) to manage the pain associated with sickle cell disease, which has been described as an intense throbbing, aching, hammering sensation. Beyond sickle cell disease, VR has been used successfully to alleviate acute pain from wounds, childbirth, burns, dental procedures, and some surgeries. It has been used in various ways on patients from age 3 to age 96.

VR immerses viewers in a multisensory, three-dimensional environment that effectively distracts them from the discomfort they are experiencing. In essence, VR engages pathways in the brain that would otherwise be occupied by the sensation of pain. While researchers are still testing the technology and collecting data, Modern Healthcare reports that self-reported pain scores have been reduced by as much as 50 percent in applications at more than 200 providers spanning eight countries. And VR developers are working on developing virtual reality interventions for chronic pain, anxiety, depression, and other behavioral health conditions that often accompany pain.

As VR technology becomes more affordable, a growing number of health care providers may use it to ease physical suffering. Besides pain management, potential benefits of using virtual reality include a reduced need for other painkillers such as opioids, reduced lengths of hospital stays, improved post-operative recoveries, and cost savings. In fact, some patients who have used VR to learn breathing and mindfulness techniques have gone off pain medications entirely. With so much potential, this treatment option may have significant positive implications for the future of health care.


Wondering What’s Happening in Your Neighborhood?
If you’re wondering what’s happening to prices in your area, or you’re thinking about selling your house, I’ll be able to help.

Click the market report below or select San Antonio Real Estate Market and complete the requested information about your home!


Is a Fixer-Upper the Right Investment for Me?
You’ve read the headlines: Build sweat equity. DIY special. Needs some TLC. These homes are far from turnkey, but they can offer good opportunities. With the right renovations, fixer-uppers can be a profitable investment.

But is this type of purchase right for you? To answer this question, consider three important factors.

Your plans. If you’re hoping to get a good deal on real estate and flip it for a profit, this can be a good option. Another great option is buying a fixer-upper and doing the repairs yourself in order to transform the house into your dream home. On the other hand, if you have watched a lot of real estate shows and expect to spend a couple of weekends working on the home and then make big bucks, you’re probably on the wrong path. Keep in mind that renovations are often costly, time-consuming, and far more complicated than they look on television.

Your budget. Consider whether you can realistically afford the renovations. How much would it take to make the home liveable? Would basic cosmetic changes be enough, or do you need a budget for more extensive repairs? If major construction is required, you may qualify for a home improvement loan program. If you’d like more information about current loan programs, I can review what is available and connect you with a lender to check your eligibility.

Your time. Examine your calendar. First, consider if you will have a place to live while renovations are completed. If you’re selling your current home and need to move out by a certain date, you’ll need to make plans for temporary housing. You must also consider the time required to manage this type of project. You’ll need to hire and coordinate contractors, or, if you’re doing the work yourself, you’ll need to budget significant time for your labor.

Think a fixer-upper might be right for you? I can help you find deals in your area. Just give me a call.

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Peanut Butter Kiss Cookies
These holiday cookies are a perennial favorite.
Makes approximately 30 cookies
1 and 3/4 cups all-purpose flour
1 teaspoon baking soda
1/2 teaspoon kosher salt
1/2 cup butter, softened
1/2 cup smooth peanut butter
1/2 cup brown sugar, packed
1/4 cup granulated sugar, plus more for rolling
1 egg
2 tablespoons milk
1 teaspoon vanilla extract
Hershey’s Kisses (about 30)
Directions
Preheat oven to 375°. Using a whisk, combine flour, baking soda, and salt in a small bowl. In a larger bowl, beat the softened butter and the peanut butter until smooth (use a hand mixer). Add both sugars and beat until the mixture is fluffy. Beat in the egg, then the milk and vanilla, and mix until well combined. Gradually add the flour mixture, beating at a low speed until the dough is just combined.

Line two cookie sheets with parchment paper. Form the dough into balls, then roll each in white sugar before placing them on the cookie sheets.

Bake for eight to 10 minutes, until the cookies have puffed up. Remove them from the oven and quickly top each cookie with an unwrapped Hershey’s Kiss.


Ask the Agent: This Month’s Question
Is it better to buy new construction or an existing home?

This boils down to a matter of preference. Both new construction and existing homes offer unique advantages.

If you purchase new construction, you can usually choose your own flooring, color schemes, upgrades, and more. However, you may be able to find an existing home with many of the features you’re looking for at a lower price.

Landscaping is another example. You may enjoy all-new surroundings in a freshly constructed home, but the lot may feature little to no landscaping. By contrast, you may find an existing home with a lushly landscaped yard, meticulously maintained by the previous owner who sank thousands of dollars into beautiful flowerbeds and inviting walkways.

Ultimately, you have to decide which advantages are more important to you. And keep in mind that you don’t have to decide up front which type you prefer. You can always look at options for both new construction and resale, then decide which direction is best for you.

This newsletter and any information contained herein are intended for general informational purposes only and should not be construed as legal, financial or medical advice. The publisher takes great efforts to ensure the accuracy of information contained in this newsletter. However, we will not be responsible at any time for any errors or omissions or any damages, howsoever caused, that result from its use. Seek competent professional advice and/or legal counsel with respect to any matter discussed or published in this newsletter. This newsletter is not intended to solicit properties currently for sale.
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