Part Time REI » hipster http://part-timerei.com Real Estate Investing while Working Full-Time Fri, 03 Oct 2014 17:44:45 +0000 en-US hourly 1 https://wordpress.org/?v=4.0.38 Part-Time REI is a real estate investment education company. Our Lunch-Time Profits System is designed to teach you how to fix and flip homes in your spare time. We specialize in helping investors learn how to control their own financial future. Most importantly, we show you how to leverage other people's time and expertise to help you accomplish your goals. Finally, we provide systems so that you can repeat the process again and again. Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers no Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers support@part-timerei.com support@part-timerei.com (Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers) Part-Time REI podcast with host Bryan Snider and Erik Hitzelberger talk about investing in real estate and flipping houses in your spare time. flipping houses, investing in real estate, part-time, second income, retire early, flipping homes, flipper, REI, rehabbing Part Time REI » hipster http://part-timerei.com/wp-content/uploads/powerpress/Logo.jpg http://part-timerei.com Weekly Market Watch: Hipster Flipster http://part-timerei.com/blog/2014/03/05/market-watch-hipster-flipster/ http://part-timerei.com/blog/2014/03/05/market-watch-hipster-flipster/#comments Wed, 05 Mar 2014 17:28:15 +0000 http://part-timerei.com/?p=2328 We are sure you have heard the term “hipster” at some point. This social designation for people usually around the ages 25 to 34, has recently gained enough traction for marketers to start targeting them. While images of skinny jeans, coffee shops and beards probably pop in your head more often than the term real estate mogul…get ready for a paradigm shift.

Recently RealtyTrac reported that hipsters are the “it” group and that now is a great time to turn them into homeowners by flipping property specifically for them. The report goes on to identify the the top 20 cities to “hip to flip for hipsters.”

This is quite a change from past data. Before hipsters were accused of holding back the housing recovery somewhat because of their low homeownership rates and lackluster household formation. They were just not buying houses.  Many still live with their parents rather than forming their own households.

And data from the U.S. Census bureau certainly backs this up. Homeownership rates for hipsters generation was at 41 percent in 2012. That is well off the average hipster homeownership rate of 46 percent from 1982 to present, and it’s certainly below the high of more than 49 percent in 2004.

But again the new data is showing a shift in their home ownership interests. So if you don’t want to miss the next big thing in generational marketing, for investing in real estate, be sure to jump on the hipster train and check out the top 15 cities for hipster flipster activity. hipster

 

  1. Fairfax, VA 22031
  2. Alexandria, VA 22312
  3. Seattle, WA 98133
  4. Rockville, MD 20852
  5. Jersey City, NJ 07307
  6. Falls Church, VA 22041
  7. Hyattsville, MD 20784
  8. Oakland, CA 94621
  9. Alexandria, VA 22306
  10. Concord, CA 94520
  11. Denver, CO 80204
  12. Charleston, SC 29403
  13. Sacramento, CA 95817
  14. Jersey City NJ 07305
  15. Chicago, IL 60629

 

Here are some other helpful links on the growing market of hipster flipsters.

http://realestate.msn.com/wanted-young-hipster-homebuyers?page=2

http://blog.sfgate.com/ontheblock/2014/02/10/oakland-concord-among-top-cities-to-flip-to-hipsters/#20470101=0&20471103=0

http://www.thestreet.com/story/11572179/1/5-best-real-estate-markets-for-hipsters.html

http://www.realtytrac.com/content/news-and-opinion/top-25-hipster-zips-for-returns-on-rental-properties-7940

 

 

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