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How Homeowners Win When They Downsize

By |2023-05-04T03:30:00-07:00May 4th, 2023|Categories: Demographics, For Buyers, For Sellers, Real Estate|

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:“Downsizing is somewhat common [...]

5 Reasons Millennials Are Buying Homes

By |2023-04-18T03:30:00-07:00April 18th, 2023|Categories: Demographics, First Time Home Buyers, For Buyers, Millennials, Real Estate|

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to [...]

How Homeownership Is Life Changing for Many Women

By |2023-03-28T03:30:00-07:00March 28th, 2023|Categories: Demographics, First Time Home Buyers, For Buyers, Real Estate|

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why Is Homeownership So Important to Women?The rise in [...]

Could a Multigenerational Home Be the Right Fit for You?

By |2023-03-07T04:30:00-07:00March 7th, 2023|Categories: Baby Boomers, Demographics, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate|

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR):“Multi-generational buying may be a home where [...]

A Smaller Home Could Be Your Best Option

By |2023-02-22T04:30:49-07:00February 22nd, 2023|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Real Estate|

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:“As we see [...]

How Experts Can Help Close the Gap in Today’s Homeownership Rate

By |2023-02-07T04:30:15-07:00February 7th, 2023|Categories: Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to [...]

Planning to Retire? It Could Be Time To Make a Move.

By |2022-12-15T04:00:06-07:00December 15th, 2022|Categories: Baby Boomers, Demographics, For Sellers, Move-Up Buyers, Real Estate, Senior Market|

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a [...]

More People Are Finding the Benefits of Multigenerational Households Today

By |2022-11-17T04:00:24-07:00November 17th, 2022|Categories: Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials, Real Estate|

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you [...]

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

By |2022-11-03T03:00:44-07:00November 3rd, 2022|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers, Real Estate|

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how [...]

Millennials Are Still a Driving Force of Today’s Buyer Demand

By |2022-10-27T03:00:42-07:00October 27th, 2022|Categories: Demographics, For Sellers, Housing Market Updates, Millennials, Real Estate|

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be [...]