{"id":7359,"date":"2015-01-06T18:31:23","date_gmt":"2015-01-06T18:31:23","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=7359"},"modified":"2015-01-06T18:31:23","modified_gmt":"2015-01-06T18:31:23","slug":"market-types-youll-see-year","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/market-types-youll-see-year\/","title":{"rendered":"Market Types You’ll See This Year"},"content":{"rendered":"

Market Types You’ll See This Year<\/h2>\n
\"Market<\/a>

Market Types You’ll See This Year. Image courtesy of ddpavumba \/ FreeDigitalPhotos.net<\/p><\/div>\n

 <\/p>\n

From the stalwarts to the tech magnets and comeback kids, the new year is likely to see several types of markets. Redfin recently highlighted six “housing market personas” that the real estate brokerage believes will be driving the continued recovery in 2015. Here’s an overview of the personas and the pros and cons of each:<\/p>\n

    \n
  1. Stalwarts: <\/strong>“Strong economies, lots of Millennial buyers, yet still affordable.”
    \nGood news:<\/em> Lots of jobs and booming economies.
    \nBad news:<\/em> Picky buyers and lack of selection.
    \nMarkets that fit this persona: <\/em>Chicago, Houston, and Dallas.<\/li>\n
  2. Topping Out:<\/strong> “Sky-high prices that will peak and even dip into negative territory this year.”
    \nGood news:<\/em> Strong economies and well-paying government jobs.
    \nBad news:<\/em> Bidding wars and low inventories.
    \nMarkets that fit this persona:<\/em> San Francisco; San Jose, Calif.; and Washington, D.C.<\/li>\n
  3. Tech Magnets:<\/strong> “Tech-driven economies, young wealth; getting more expensive, with growth limited by zoning or geography.”
    \nGood news:<\/em> Lots of wealthy households.
    \nBad news:<\/em> Little room to expand, and suburbs losing popularity.
    \nMarkets that fit this persona:<\/em> Boston, Seattle, and Denver.<\/li>\n
  4. Comeback Kids: <\/strong>“Markets hit hard by the financial crisis that will see a pickup in sales in 2015.”
    \nGood news:<\/em> Lots of investors and broad-based job growth.
    \nBad news:<\/em> Few affordable single-family homes, and new construction mostly limited to the luxury market.
    \nMarkets that fit this persona:<\/em> Miami; Atlanta; and Orlando, Fla.<\/li>\n
  5. Sleepers:<\/strong> “Not in the news much, but mid-priced cities with good economies and job opportunities.”
    \nGood news:<\/em> Lots of new development and big tech-job gains.
    \nBad news:<\/em> Not many affordable homes available.
    \nMarkets that fit this persona:<\/em> Baltimore; Philadelphia; and Raleigh, N.C.<\/li>\n
  6. Down But Not Out:<\/strong> “Hit hardest by housing crisis, fewer jobs, still working through foreclosures.”
    \nGood news:<\/em> Lots of homes for sale.
    \nBad news:<\/em> Overzealous builders and cookie-cutter remodels.
    \nMarkets that fit this persona:<\/em> Las Vegas; Phoenix; and Tampa, Fla.<\/li>\n<\/ol>\n

    Source: \u201cFrom Stalwarts to Comeback Kids and Sleepers, Redfin Names 6 Housing Market Personas for 2015,\u201d Redfin blog (Jan. 5, 2015)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    Market Types You’ll See This Year   From the stalwarts to the tech magnets and comeback kids, the new year is likely to see several types of markets. Redfin recently highlighted six “housing market personas” that the real estate brokerage believes will be driving the continued recovery in 2015. Here’s an overview of the personas … <\/p>\n

    Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-7359","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nMarket Types You'll See This Year - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/market-types-youll-see-year\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Market Types You’ll See This Year\",\"datePublished\":\"2015-01-06T18:31:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/\"},\"wordCount\":361,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100130575.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/\",\"name\":\"Market Types You'll See This Year - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100130575.jpg\",\"datePublished\":\"2015-01-06T18:31:23+00:00\",\"breadcrumb\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/market-types-youll-see-year\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100130575.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100130575.jpg\",\"width\":400,\"height\":266,\"caption\":\"Market Types You'll See This Year. 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