The way public transit impacts home prices

Though it seems that the main factors to influence the cost of residential real estate are the size, state, and location, the last point turns out to be quite an extensive one. One of the indispensable parts of the home location is the presence or absence of access to public transport. Even the fact that the number of vehicles in the US is almost equal to its population, the fact remains the following: more than half of the population living in big cities and metropolitan areas do use public transportation on a regular basis, sometimes even if they own a car. The reason for that is the absence of a desire to stand in long and exhausting traffic jams that cover the whole city in rush hours. 

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Real estate trends to consider working with senior clients

Though it may sound unpredictable, the number of households owned by people who are older than 65 has been growing for the recent 7 years and constitutes over 30 million homes nowadays. There is nothing surprising that retired people want to live in silence and comfort, so they choose detached homes, cottages, and townhouses for this purpose. For real estate agents, it means that senior people constitute a significant number of potential clientele. Consequently, agents should be prepared for such deals and be able to meet expectation of such buyers and sellers. As a result, they should be aware of the real estate trends and statistics regarding senior people too. Here are 5 factors to consider:

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