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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 January 21, 2020

The Best Way to Create a Vision for the Life You Want

The Best Way to Create a Vision for the Life You Want

Creating a vision for your life might seem like a frivolous, fantastical waste of time, but it’s not: creating a compelling vision of the life you want is actually one of the most effective strategies for achieving the life of your dreams. Perhaps the best way to look at the concept of a life vision is as a compass to help guide you to take the best actions and make the right choices that help propel you toward your best life.

your vision of where or who you want to be is the greatest asset you have

    Why You Need a Vision

    Experts and life success stories support the idea that with a vision in mind, you are more likely to succeed far beyond what you could otherwise achieve without a clear vision. Think of crafting your life vision as mapping a path to your personal and professional dreams. Life satisfaction and personal happiness are within reach. The harsh reality is that if you don’t develop your own vision, you’ll allow other people and circumstances to direct the course of your life.

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    How to Create Your Life Vision

    Don’t expect a clear and well-defined vision overnight—envisioning your life and determining the course you will follow requires time, and reflection. You need to cultivate vision and perspective, and you also need to apply logic and planning for the practical application of your vision. Your best vision blossoms from your dreams, hopes, and aspirations. It will resonate with your values and ideals, and will generate energy and enthusiasm to help strengthen your commitment to explore the possibilities of your life.

    What Do You Want?

    The question sounds deceptively simple, but it’s often the most difficult to answer. Allowing yourself to explore your deepest desires can be very frightening. You may also not think you have the time to consider something as fanciful as what you want out of life, but it’s important to remind yourself that a life of fulfillment does not usually happen by chance, but by design.

    It’s helpful to ask some thought-provoking questions to help you discover the possibilities of what you want out of life. Consider every aspect of your life, personal and professional, tangible and intangible. Contemplate all the important areas, family and friends, career and success, health and quality of life, spiritual connection and personal growth, and don’t forget about fun and enjoyment.

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    Some tips to guide you:

    • Remember to ask why you want certain things
    • Think about what you want, not on what you don’t want.
    • Give yourself permission to dream.
    • Be creative. Consider ideas that you never thought possible.
    • Focus on your wishes, not what others expect of you.

    Some questions to start your exploration:

    • What really matters to you in life? Not what should matter, what does matter.
    • What would you like to have more of in your life?
    • Set aside money for a moment; what do you want in your career?
    • What are your secret passions and dreams?
    • What would bring more joy and happiness into your life?
    • What do you want your relationships to be like?
    • What qualities would you like to develop?
    • What are your values? What issues do you care about?
    • What are your talents? What’s special about you?
    • What would you most like to accomplish?
    • What would legacy would you like to leave behind?

    It may be helpful to write your thoughts down in a journal or creative vision board if you’re the creative type. Add your own questions, and ask others what they want out of life. Relax and make this exercise fun. You may want to set your answers aside for a while and come back to them later to see if any have changed or if you have anything to add.

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    What Would Your Best Life Look Like?

    Describe your ideal life in detail. Allow yourself to dream and imagine, and create a vivid picture. If you can’t visualize a picture, focus on how your best life would feel. If you find it difficult to envision your life 20 or 30 years from now, start with five years—even a few years into the future will give you a place to start. What you see may surprise you. Set aside preconceived notions. This is your chance to dream and fantasize.

    A few prompts to get you started:

    • What will you have accomplished already?
    • How will you feel about yourself?
    • What kind of people are in your life? How do you feel about them?
    • What does your ideal day look like?
    • Where are you? Where do you live? Think specifics, what city, state, or country, type of community, house or an apartment, style and atmosphere.
    • What would you be doing?
    • Are you with another person, a group of people, or are you by yourself?
    • How are you dressed?
    • What’s your state of mind? Happy or sad? Contented or frustrated?
    • What does your physical body look like? How do you feel about that?
    • Does your best life make you smile and make your heart sing? If it doesn’t, dig deeper, dream bigger.

    It’s important to focus on the result, or at least a way-point in your life. Don’t think about the process for getting there yet—that’s the next stepGive yourself permission to revisit this vision every day, even if only for a few minutes. Keep your vision alive and in the front of your mind.

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    Plan Backwards

    It may sound counter-intuitive to plan backwards rather than forwards, but when you’re planning your life from the end result, it’s often more useful to consider the last step and work your way back to the first. This is actually a valuable and practical strategy for making your vision a reality.

    • What’s the last thing that would’ve had to happen to achieve your best life?
    • What’s the most important choice you would’ve had to make?
    • What would you have needed to learn along the way?
    • What important actions would you have had to take?
    • What beliefs would you have needed to change?
    • What habits or behaviors would you have had to cultivate?
    • What type of support would you have had to enlist?
    • How long will it have taken you to realize your best life?
    • What steps or milestones would you have needed to reach along the way?

    Now it’s time to think about your first step, and the next step after that. Ponder the gap between where you are now and where you want to be in the future. It may seem impossible, but it’s quite achievable if you take it step-by-step.

    It’s important to revisit this vision from time to time. Don’t be surprised if your answers to the questions, your technicolor vision, and the resulting plans change. That can actually be a very good thing; as you change in unforeseeable ways, the best life you envision will change as well. For now, it’s important to use the process, create your vision, and take the first step towards making that vision a reality.

    Featured photo credit: Matt Noble via unsplash.com

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