Business Times of Edmond, Oklahoma January 2020 - Page 17

adding large chunks of jobs into the market, those kinds of influx of people haven’t been happening at the rate they had been at one time. What that’s doing is making the housing market relatively level.” One budding trend Arie said he has been noticing in recent years is the inclination of older homeowners to simplify their living accommodations. “We’re starting to see as the (Baby) Boomers — and I’m one of them — age out of the labor market. They’re inclined to downsize,” he said, “and that’s something of an emerging trend as they’re wanting to simplify their housing, sometimes for economic reasons, sometimes so they don’t have to do so much upkeep (to their residence), or even so they don’t have so much lawn to mow.” Another interesting trend Arie said he’s noticed, with regards to age demographics, is that younger adults have been delaying their home purchases “Everyone still wants to have a house — we all do — but in recent years, we’ve seen homeowners take longer to take that ‘first step’ into homeownership,” he said. “Twent y or 30 years ago, we saw people taking that ‘first step’ in their mid- to late-20s, and now, we’re seeing more and more of them wait until they’re in their early 30s. I think this is just reflective of the overall cultural change.” But despite minor fluctuations in those investing in real estate and purchasing their homes, the market itself remains steadily on the increase, according to Arie. “Discounting the antics happening in some parts of the country, when it comes down to the local area, we’re very t ypical of middle America right now,” he said. “People are generally optimistic about their personal situations. Edmond is really a very unique place. We benefit from the attachments we have. We’re relatively stable as far as jobs grow, and even though some industries have their peaks and valleys, we’ve got a good, comforting growth pattern here.” Arie, who has been with Keller Williams since 2009, specializes in first time home buyers, GRI, Certified Distressed Propert y, is a Certified Military Relocation Specialist, and has designations in GRI (Graduate Realtor Institute), SRS (a premier credential in seller representation), CMRS (Certified Military Residential Specialist), and CDPE (Certified Distressed Propert y Expert). January 2020 | The Business Times 17