Doral Stone & Tile Trends will reflexively mirror, to at least some significant degree, the overall health of any given real estate market. SoFla real estate has always been one of the nations most volatile. Perhaps that volatility is waning. Our friends at Zillow say that Miami (of which Doral is a part) is the fourth most valuable real estate market in the United States. It trails only Los Angeles, New York, and Washington, D.C. Please take a look at the chart below via Zillow.
Given the richness of this market, a buyer would be wise to consider real estate acquisition here as a longer term investment. Another thing to consider is the arrival of a new generation. Here is something to review: “’We’re on the other side of the housing recovery, and the real-estate market looks quite different than it did 15 or even five years ago,” said Zillow chief economist Svenja Gudell. “We have a huge generation entering the market. They really want to be homeowners, and they’re faced with an inventory crisis that leaves them with few options.”
Let’s review for a minute the sheer size of the generation entering the marketplace in what is largely a sellers market. Any thoughts on Doral Stone & Tile Trends must include the inherent durability of the product group. In a design concept, there are finishes, such as paint and wallpaper, that can obviously be changed as trends come and go. Stone and Tile, on the other hand, are solid durables that, when properly selected, become a true investment. This is significant for a generation of homeowners about to make a big step and is a point we strive to make to this demographic segment in our showroom interactions.
We have suggested two collections in this post that clearly point to the importance of the durability of finishes. Please see the Cottage Stone Tiles Collection immediately above and Neptune Marble above that. Thanks for reading!