Monthly Archives: October 2015

Key Factors to Remember in Oyster Bay Real Estate

Real estate has become one of the most sought after industries in the market for so many decades now. Real estate represents a significant portion of a person’s wealth. This is especially true as most people have around 30% of their wealth tied up in real estate, translating to trillions of dollars of revenue for the real estate market in the US alone.

For many investors, real estate is both an attractive and lucrative market. The same can also be said for the current Oyster Bay real estate market scene. This article will discuss the four primary factors that mainly affect the real estate market and different investment options available.

1.Demographics

Demographics refer to the composition of a population. These data commonly include race, age, gender, income, population growth, and migration patterns. These statistics are often overlooked by most people, but can have a significant impact on the real estate market as it can dictate the price and market availability. A significant shift in terms of demographics of a country can have a huge impact on real estate trends for decades to come.

Real EstateFor instance, those who were born between the years 1945 to 1964, or what most people commonly call as baby boomers, are just one of the demographic trends that can highly influence the real estate market. The transition to retirement of these baby boomers have not only affected the real estate market, but has been also influential to many market trends.

There are numerous ways wherein demographics can affect the real estate market, but as an investor, you may need to evaluate the situation at hand. You may need to determine whether it is financially rewarding if you focus on your properties in popular vacation homes as more and more baby boomers are retiring.

2.Interest Rates

Another important factor in real estate marketing is the interest rate. Changes in the interest rates can affect people’s purchasing power, especially when it comes to purchasing a house or any other residential properly. The reason behind this economic phenomenon is pretty simple. As interest rates fall, mortgage rates also decrease. This will then create a huge demand for real estate and a huge increase in market prices. Conversely, as interest rates increase, mortgage rates also increase, lowering the demands and prices of real estate. For the Oyster Bay real estate market, you may need to get in touch with a real estate advisor to know more about interest rates.

3.The Economy

Another equally important factor that you need to consider is the state of the nation’s economy. Some of the most common indicators of a country’s economy include the gross domestic product or GDP, manufacturing activities, employment data, prices of goods, etc. Basically, when the economy slows down, so does the real estate market.

However, changes in economy can have various effects on different types of real estate. For instance, an economic downturn can have a sizable impact on people who have invested in hotels compared to those who invested in office buildings. Hotels are good examples of properties that are very sensitive to economic activity because of the innate structure of the business. Renting a hotel room is considered a form of short-term lease, something that any person can easily avoid in case of an economic downturn.

On the other hand, office buildings have longer term leases which cannot be easily terminated or altered when the economy is on a decline. Therefore, aside from keeping a close watch at the state of economy, you also need to evaluate your real estate property’s sensitivity to the changing economy.

4.Government Policies and Subsidies

Another factor that plays a huge deal in the real estate industry is legislation as it has a sizable impact on real estate demands and prices. The government can temporarily increase real estate demands through tax credits, subsidies and deductions. Knowing the current government incentives can help foresee changes in the supply and demand in the real estate industry. It will also give you an edge as you would be able to identify any false trends in the market.

The Best Investment

Due to the overwhelming increase in popularity of the real estate market, most investors have realized the fact that investing on real estate can be a lucrative business move. The investor can invest directly on a real estate property or through the help of managed funds. Direct investing in real estate involves purchasing the resident or commercial property, either to be sold or as an income-generating property.

On the other hand, indirect ways of real property investment can be done in various ways. It could either be through a real estate exchange traded funds or ETFs. It can also either be through a real estate investment trusts (REITs) or commingled real estate funds (CREFs). You may need to get in touch with a real estate expert in your area to know what options are available.

Verdict

These are just some of the essential factors that play a major role in the real estate market. However, there are far more complex aspects of the industry that may come into play. Although most of these factors suggest a clear-cut relationship with the real estate industry, in practice, the results may vary. Essentially, understanding the primary elements that drive the real estate market is essential to conducting an in-depth evaluation of a potential real estate investment.

If you are looking to know more about Oyster Bay real estate market, you may need to get in touch with us.

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Badge Lanyards Are a Powerful Promotional Gift

As part of your carefully planned marketing campaign, simple badge lanyards transform into a powerful brand-awareness tool if you hand them out as a promotional gift. This is not a difficult thing to do as all you need is just choose the suitable style, model, material, and color scheme. You can also customize your lanyards by printing your company name, motto, logo, promotional message, slogan, contact information, website, or anything else that you think would help your business to become known. Then, hand them out to as many people as possible.

Targeting More People with Lanyards

BadgeLanyardsCertainly, there is an incredibly vast range of age groups, professions, personal preferences, and social statuses that you could target in this case. Business executives, salespeople, office workers, doctors, university students, fashion designers, military men, school children, and even retired people would be happy to receive badge lanyards as a gift. Your employees as well as business partners would feel the same way if you give them your own company lanyard.

Apparently, people become annoyed when they are given useless items; even more so when they are asked to remember the information on them that they do not really care about. This is the reason a lot of people have learned how to shield their consciousness when they encounter ads on TV, radio, print, and billboard. This works the same with promotional materials. Regardless how much effort a business owner gave to customize their promotional items, people will not properly absorb the information if they do not appreciate or need the item.

A pen is proven as a great marketing tool. However, how many pens do you usually receive after attending a single trade event? There are a lot of them, and the sad thing is there is no assurance that your pen is special enough that people would use them every day. Giving away badge lanyards is a unique move, and the people who will receive them will surely appreciate your thoughtfulness.

Lanyards Are Multifunctional

A lanyard is so versatile that it is so hard to replace it with any other item. Lanyards can hold all kinds of small and light items that are valued, have to be displayed, or kept within reach. First of all, it is much more convenient to hang and ID on a lanyard rather than to pin it to your clothes. Then, badge lanyards can also hold eyeglasses, mobile phones, watches, USB sticks, mirrors, whistles, water bottles, mp3 players, cameras, notepads, pens, and many other things.

Attachments and Styles

If you think that you can only have one thing attached to a lanyard, this is not always the case. You can put on a few items to your lanyard, and this can be done by having the right attachment. There are different attachment devices such swivel hooks made from metal or plastic, alligator clips, and pull-apart key rings.

Lanyards are also available in various styles and colors. The most effective thing you can do for your advertising goals is to have your lanyards customized with the color scheme of the brand image of your company. However, if you want to reduce your expenses, you can order a bulk of ready-made lanyards and have them imprinted with your company name, logo, and message. It is always better to order in volume because it is not just a cost effective option, but it will also guarantee that more people will be able to receive your lanyards.

Badge lanyards are easy to hand out and would increase awareness of your company. You will also be more recognized and this way, you could easily get back the investment you put in them.