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10 Hot Real Estate Markets To Watch In 2016

10 Hot Real Estate Markets To Watch In 2016

2015 was an interesting year for real estate business and it still is emerging more than ever. Despite changing investment laws, fluctuation on oil prices and currency instability, real estate markets have several exciting prospects in 2016.

“But this year, the markets that shine brightest will be those that manage to strike a good balance between strong income growth, low unemployment and solid home value appreciation,” says Zillow Chief economist Dr. Svenja Gudell.

The real estate market is generally ranked on three variables: income growth, home value appreciation and unemployment rates. A combination of these factors determine the strength of housing market. Based on these factors, check out the 10 hot real estate markets to watch in 2016.

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1. Grand-Rapids, Wyoming, MI

Grand Rapids is one of the most emerging markets in the US as it is considered the 14th most affordable city in the country. This river city also has the 22nd strongest job growth as of 2015. A home to the Fulton Streets Farmers Market run since 1922, the city hosts around 11,000 shoppers a week and has over 200 vendors. With its vibrant scene and rich culture, the city is one of the most watch in terms of real estate in 2016.

2. Charleston, SC

Despite having low affordability and vacancy rates, the Charleston, SC real estate is one of the most trending business in the United States. With sixth-highest rate for job growth in the country, the real estate business is booming and growing like never before. Known as a food-destination with its popular Charleston Wine and Food Festival, 11 restaurants of the city were nominated for the James Beard Awards in 2015.

3. Austin, TX

Booming job growth, opportunities for millennials and the best dining scene is what locks Austin as one of the most popular places for real estate business. Local businesses to big brands like Apple, Dell, IBM and Samsung are established in the city which adds popularity to the real estate in Austin. Houses for sale in Round Rock, Austin is where there is a huge growth of  real estate business as that part of the city has a lot of houses and properties for sale, more than anywhere else.

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4. Baton Rouge, LA

Diverse in culture and architecture, Baton Rouge is a home to several museums, theaters, and theaters. Sports and arts scene has been growing here since a long time and with LSU present here, the city is what adds its competition to real estate and property management business.

5.San Antonio, TX

Another city in Texas, San Antonio is that place which saw the biggest boost in millennials of all metropolitan areas in the country in between 2010 and 2013. The beautiful Riverwalk and the travel attractions is what makes San Antonio a good place to live in. Plus, its affordable real estate has grown interest from several people around the country for business opportunities.

6. Colorado Springs, CO

Known to be a home for business and careers, Colorado Springs is best known as a paradise for tourists. Ranked as one of the best “distinctive destination” in the world, the city enjoys a great milieu of architecture and history which adds benefit to its growing real estate business.

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7. Columbia, SC

The home to six best colleges, several major hospitals and the Fort Jackson, the largest military training center in the country, Columbia’s real estate business runs well because of the city’s top infrastructure. Home to several top restaurants and musicians, the city’s affordable housing prices is what supports the business here.

8. Riverside-San Bernardino, CA

Together with affordable properties, Riverside-San Bernardino is rich with its architectural history since the Spanish Colonial Revival. Plethora of opportunities to run several businesses including breweries and pubs is what makes the city an attractive spot for real estate.

9. Las Vegas, NV

Who does not love to visit Vegas once in their life? Well, the city of night live known for its great outdoors, Las Vegas is a dream to several millennials. With 4.8% job growth in 2016, the city is a home to several casinos and restaurants which adds several opportunities for business here.

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10. Tacoma, WA

Tacoma is an attractive destination for young professionals looking to grow their business. With affordable real estate prices, the city is known for outdoor activities and arts. Located on the banks of Puget Sound, Tacoma also has several major employers in the country including Boeing, US Air Force, Costco, among others making it an appealing destination for real estate business.

Featured photo credit: Pixabay via pixabay.com

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Last Updated on September 16, 2019

How to Stop Procrastinating: 11 Practical Ways for Procrastinators

How to Stop Procrastinating: 11 Practical Ways for Procrastinators

You have a deadline looming. However, instead of doing your work, you are fiddling with miscellaneous things like checking email, social media, watching videos, surfing blogs and forums. You know you should be working, but you just don’t feel like doing anything.

We are all familiar with the procrastination phenomenon. When we procrastinate, we squander away our free time and put off important tasks we should be doing them till it’s too late. And when it is indeed too late, we panic and wish we got started earlier.

The chronic procrastinators I know have spent years of their life looped in this cycle. Delaying, putting off things, slacking, hiding from work, facing work only when it’s unavoidable, then repeating this loop all over again. It’s a bad habit that eats us away and prevents us from achieving greater results in life.

Don’t let procrastination take over your life. Here, I will share my personal steps on how to stop procrastinating. These 11 steps will definitely apply to you too:

1. Break Your Work into Little Steps

Part of the reason why we procrastinate is because subconsciously, we find the work too overwhelming for us. Break it down into little parts, then focus on one part at the time. If you still procrastinate on the task after breaking it down, then break it down even further. Soon, your task will be so simple that you will be thinking “gee, this is so simple that I might as well just do it now!”.

For example, I’m currently writing a new book (on How to achieve anything in life). Book writing at its full scale is an enormous project and can be overwhelming. However, when I break it down into phases such as –

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  • (1) Research
  • (2) Deciding the topic
  • (3) Creating the outline
  • (4) Drafting the content
  • (5) Writing Chapters #1 to #10,
  • (6) Revision
  • (7) etc.

Suddenly it seems very manageable. What I do then is to focus on the immediate phase and get it done to my best ability, without thinking about the other phases. When it’s done, I move on to the next.

2. Change Your Environment

Different environments have different impact on our productivity. Look at your work desk and your room. Do they make you want to work or do they make you want to snuggle and sleep? If it’s the latter, you should look into changing your workspace.

One thing to note is that an environment that makes us feel inspired before may lose its effect after a period of time. If that’s the case, then it’s time to change things around. Refer to Steps #2 and #3 of 13 Strategies To Jumpstart Your Productivity, which talks about revamping your environment and workspace.

3. Create a Detailed Timeline with Specific Deadlines

Having just 1 deadline for your work is like an invitation to procrastinate. That’s because we get the impression that we have time and keep pushing everything back, until it’s too late.

Break down your project (see tip #1), then create an overall timeline with specific deadlines for each small task. This way, you know you have to finish each task by a certain date. Your timelines must be robust, too – i.e. if you don’t finish this by today, it’s going to jeopardize everything else you have planned after that. This way it creates the urgency to act.

My goals are broken down into monthly, weekly, right down to the daily task lists, and the list is a call to action that I must accomplish this by the specified date, else my goals will be put off.

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Here’re more tips on setting deadlines: 22 Tips for Effective Deadlines

4. Eliminate Your Procrastination Pit-Stops

If you are procrastinating a little too much, maybe that’s because you make it easy to procrastinate.

Identify your browser bookmarks that take up a lot of your time and shift them into a separate folder that is less accessible. Disable the automatic notification option in your email client. Get rid of the distractions around you.

I know some people will out of the way and delete or deactivate their facebook accounts. I think it’s a little drastic and extreme as addressing procrastination is more about being conscious of our actions than counteracting via self-binding methods, but if you feel that’s what’s needed, go for it.

5. Hang out with People Who Inspire You to Take Action

I’m pretty sure if you spend just 10 minutes talking to Steve Jobs or Bill Gates, you’ll be more inspired to act than if you spent the 10 minutes doing nothing. The people we are with influence our behaviors. Of course spending time with Steve Jobs or Bill Gates every day is probably not a feasible method, but the principle applies — The Hidden Power of Every Single Person Around You

Identify the people, friends or colleagues who trigger you – most likely the go-getters and hard workers – and hang out with them more often. Soon you will inculcate their drive and spirit too.

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As a personal development blogger, I “hang out” with inspiring personal development experts by reading their blogs and corresponding with them regularly via email and social media. It’s communication via new media and it works all the same.

6. Get a Buddy

Having a companion makes the whole process much more fun. Ideally, your buddy should be someone who has his/her own set of goals. Both of you will hold each other accountable to your goals and plans. While it’s not necessary for both of you to have the same goals, it’ll be even better if that’s the case, so you can learn from each other.

I have a good friend whom I talk to regularly, and we always ask each other about our goals and progress in achieving those goals. Needless to say, it spurs us to keep taking action.

7. Tell Others About Your Goals

This serves the same function as #6, on a larger scale. Tell all your friends, colleagues, acquaintances and family about your projects. Now whenever you see them, they are bound to ask you about your status on those projects.

For example, sometimes I announce my projects on The Personal Excellence Blog, Twitter and Facebook, and my readers will ask me about them on an ongoing basis. It’s a great way to keep myself accountable to my plans.

8. Seek out Someone Who Has Already Achieved the Outcome

What is it you want to accomplish here, and who are the people who have accomplished this already? Go seek them out and connect with them. Seeing living proof that your goals are very well achievable if you take action is one of the best triggers for action.

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9. Re-Clarify Your Goals

If you have been procrastinating for an extended period of time, it might reflect a misalignment between what you want and what you are currently doing. Often times, we outgrow our goals as we discover more about ourselves, but we don’t change our goals to reflect that.

Get away from your work (a short vacation will be good, else just a weekend break or staycation will do too) and take some time to regroup yourself. What exactly do you want to achieve? What should you do to get there? What are the steps to take? Does your current work align with that? If not, what can you do about it?

10. Stop Over-Complicating Things

Are you waiting for a perfect time to do this? That maybe now is not the best time because of X, Y, Z reasons? Ditch that thought because there’s never a perfect time. If you keep waiting for one, you are never going to accomplish anything.

Perfectionism is one of the biggest reasons for procrastination. Read more about why perfectionist tendencies can be a bane than a boon: Why Being A Perfectionist May Not Be So Perfect.

11. Get a Grip and Just Do It

At the end, it boils down to taking action. You can do all the strategizing, planning and hypothesizing, but if you don’t take action, nothing’s going to happen. Occasionally, I get readers and clients who keep complaining about their situations but they still refuse to take action at the end of the day.

Reality check:

I have never heard anyone procrastinate their way to success before and I doubt it’s going to change in the near future.  Whatever it is you are procrastinating on, if you want to get it done, you need to get a grip on yourself and do it.

More About Procrastination

Featured photo credit: Malvestida Magazine via unsplash.com

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