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The Truths Young Homebuyers Need To Hear

By |2021-07-07T03:00:45-07:00July 7th, 2021|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Real Estate, Rent vs. Buy|

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value [...]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

By |2021-04-09T03:00:27-07:00April 9th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are [...]

Millennials: Is It Time to Buy a Bigger Home?

By |2021-02-16T04:00:19-07:00February 16th, 2021|Categories: Demographics, For Buyers, For Sellers, Millennials, Move-Up Buyers, Real Estate|

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending [...]

Knowledge Is Power on the Path to Homeownership

By |2020-12-01T04:00:28-07:00December 1st, 2020|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Real Estate|

Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers [...]

4 Reasons Why the Election Won’t Dampen the Housing Market

By |2020-11-02T04:00:55-07:00November 2nd, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Interest Rates, Millennials, Real Estate|

Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts will try to measure the impact feasible changes in regulations might have on housing, the effect [...]

Buyer Interest Is Growing among Younger Generations

By |2020-10-28T03:00:32-07:00October 28th, 2020|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers, Real Estate|

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the [...]

Do You Have Enough Money Saved for a Down Payment?

By |2020-10-13T03:00:28-07:00October 13th, 2020|Categories: Buying Myths, Down Payments, For Buyers, Millennials, Pricing, Real Estate|

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested [...]

Today’s Buyers Are Serious about Purchasing a Home

By |2020-08-04T03:00:36-07:00August 4th, 2020|Categories: For Sellers, Interest Rates, Millennials, Move-Up Buyers, Real Estate|

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply [...]

Two Big Myths in the Homebuying Process

By |2020-03-17T03:00:19-07:00March 17th, 2020|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials, Real Estate|

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the [...]

Confidence Is the Key to Success for Young Homebuyers

By |2020-03-11T03:00:41-07:00March 11th, 2020|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Real Estate|

Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey: 1. Understand What it Takes [...]