Thursday, December 3, 2009

The Next Hot Home Market May be Unrestricted Property


Interest in unrestricted property surges as people flee from the rat race of a city lifestyle. In fact, people who move to property outside of urban areas is so common that it has taken on the name of "Ruralpolitan".   These pioneer spirited people seek the more self-reliant lifestyle and a sense of value that is real. They may have experienced huge portfolio losses because of the stock market. Placing their investment in a piece of land gives them confidence and peace of mind where the pain of the recent recession imprinted fear.


Retiring baby boomers are the largest segment of the population driving the push for rural living. However, a huge number of 20 and 30-somethings are flocking to the country when they can. What may be different between the two "ruralpolitan" groups is the access to metropolitan areas. The baby boomers may not need access to the employment hubs in the city, but the younger group still needs to have a reasonable drive into the metroplex.

Motivations vary but many of the younger segment have professions that don't require a daily commute into the city. More and more employers are encouraging home offices and flex schedules. This enables families to live the ruralpolitan lifestyle and make a couple of trips into the city each week when needed.

In a recent Wall Street Journal article Wendy Bounds explains the phenomena saying, "Green Acres Is the Place to Be". She tells many stories of people who have taken the plunge into rural living. It is not all the fairy tale vision that people expected.  She states that "For some people, the break to rural living is a hedge against an unpredictable future."

If moving to the country - or atleast out of the crowded deed-restricted communities - sounds good to you, give me a call.  We can find the perfect place for your personal escape without giving up such things as internet access and easy access to the Greater Houston area.

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