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Planning To Retire? Your Equity Can Help You Reach Your Goal.

By |2022-08-18T03:00:12-07:00August 18th, 2022|Categories: Baby Boomers, Demographics, For Sellers, Real Estate, Senior Market|

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the [...]

What Is Multigenerational Housing? [INFOGRAPHIC]

By |2022-04-15T03:00:19-07:00April 15th, 2022|Categories: Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing [...]

Millennials: Do You Need a Home with More Space?

By |2022-02-28T04:00:09-07:00February 28th, 2022|Categories: Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers, Real Estate|

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the [...]

The Path To Homeownership Can Be Steeper for Some Americans

By |2022-02-09T04:00:32-07:00February 9th, 2022|Categories: Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Real Estate|

As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. It’s an [...]

Millions of Americans Have Discovered the Benefits of Multigenerational Households

By |2022-02-03T04:00:35-07:00February 3rd, 2022|Categories: Demographics, For Buyers, Real Estate|

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the [...]

The Next Generation of Homebuyers Is Here

By |2022-01-25T04:00:48-07:00January 25th, 2022|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Real Estate|

Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move on from renting. As you [...]

Advice for First-Generation Homebuyers

By |2021-12-14T04:00:30-07:00December 14th, 2021|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Real Estate|

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America, says: “Achieving this goal can [...]

Retirement May Be Changing What You Need in a Home

By |2021-11-17T04:00:37-07:00November 17th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Real Estate, Senior Market|

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers [...]

Is a 20% Down Payment Really Necessary To Purchase a Home?

By |2021-09-22T03:00:13-07:00September 22nd, 2021|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials, Real Estate|

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is [...]

More Young People Are Buying Homes

By |2021-08-19T03:00:07-07:00August 19th, 2021|Categories: Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Real Estate, Rent vs. Buy|

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their [...]