Container homes may be a possible trend but are they for everyone? There are many questions to ask if you're considering living in a container home. Container homes, office buildings, and miscellaneous container scenarios are popping up in the U.S. and globally. They typically last for 10 to 15 years and may require some out of the box thinking to get them started but also how to finish and maintain your new container home.

 

A long lasting trend we do know is happening right now is that the population is ageing and certain changes will be taking pace over the net several years. People's living situations will follow the ageing trend. Baby boomers are downsizing due to age, family size, or physical ability  and Millennial's are trying to upgrade to a dream home while bypassing the starter home. This is a new real estate trend. With less inventory and a shortage of large down payments, certain buyers are holding off on a starter home and trying to get into a forever home. With fewer repairs but with a larger down payment this is an option that lenders are seeing happen across America.

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Another real estate trend is migration from cold weather and high tax states to warmer climates, less taxes, and new opportunities. 

People are moving for a variety of reasons. Work, taxes, change of scenery, family, or a business relocation. High tax states are seeing residents leave from a cost of living standpoint. Some are moving for a fear of a hurricane, another fire, a flash flood, cold or  weather.

 

Some are imply rolling the dice and being free as a bird to see if the grass is greener. People are noticing restrictions in certain cities. Some cities are running out of room to build or are limited to areas to build.

 

Some cities are so expensive most people cannot afford to buy let alone rent. This may require a vertical new build with over crowding and puts stress on some commuters with longer times in traffic and less time with family.

 

Cities that have the ability to build almost anywhere are attracting certain buyers. This provides more inventory, lower pricing and less competition. It all comes down to affordability. 

The real estate trend is showing a mass migration into Florida, says Rich Lewis Jr, real estate trend spotter for Exit at the Palm Beaches. There are 39 different real estate markets in the Palm Beaches and each market offers something unique.

 

There are new builds, expansions, and affordable to expensive homes to choose from. What's taking place in the Palm Beaches is an explosion of vertical builds in the city of West Palm Beach, which includes owning and renting builds combined.

 

There are Agrihoods (new homes with farmers markets on site) being developed in open spaces, with hundreds of acres of amenities, waterfront properties for sale, starter homes, dream homes, and equestrian properties.

 

The outlook is bright for the Palm Beaches as real estate prices are set to increase anywhere from 4% to 11% depending on the home, location, amenities the property offers, and what financial model you observe.