Where Are Millennials Buying Homes? – 2019 Edition Record high home values, stagnating incomes, the largest economic downturn in a century and record levels of student debt are just a few examples of the roadblocks between millennials and homeownership. All these factors have manifested in millennials’ inability to sock away enough cash in their savings … Continue reading Where Are Millennials Buying Homes? – 2019 Edition
~ thank you KCM as always for the insightful information! ~ Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by … Continue reading Wait or Buy Now? – Infographic
~ interesting insight ~ Generation Z homebuyers nab property quickly with family money Though they still represent just a small fraction of the housing market thus far, Generation Z homebuyers are different from their older peers. Currently, the members of Generation Z, which includes those born after 1995, are something of an anomaly: They account … Continue reading Generation Z homebuyers nab property quickly with family money
~ these are some good guidelines, take a look and let me know how I can help you! ~ When Should You Make an Offer Below Asking Price? 5 Clues It's Time to Take a Gamble iStock; realtor.com Homes are expensive, and getting even more so every day. (Also, water is wet and the sky … Continue reading Is there a right time to make a offer below asking price?
In this red-hot housing market, if a 'for sale' sign goes up, don't blink—you might miss it The average home sold in May went under contract in just 34 days, according to real estate broker Redfin. May's number broke the previous month's record of 36 days. Of the homes that sold in May, 27.6 percent … Continue reading In this red-hot housing market, if a ‘for sale’ sign goes up, don’t blink—you might miss it
~ have you made any of these? It's ok if you have ~ 8 Dumb Reasons People Can't Buy a Home akurtz/Getty Images Buying a home—especially if it’s your first—can be a lot like losing weight in the sense that people end up doing, well, some pretty dumb stuff in the process. But while desperate dieters might waste … Continue reading Buyer Mistakes to Watch Out For
Are Smart Homes Actually a Good Investment? © Tobias Schwartz/AFP/Getty Images A fair worker uses a tablet to operate a tumble dryer during a demonstration how to operate smart controlled household appliances for "IQ800" washing and drying machines at the booth of Siemens as preparations are under way for the consumer electronics fair IFA in … Continue reading Are Smart Homes Actually a Good Investment?
~ When I was helping my cousins move from Riverside to Joshua Tree, because of our schedules we would schedule days where we saw regularly 15+ homes. We only had to do this 3 times, plus one short stack trip, before we agreed on the home she and her husband wanted to buy. Our busiest … Continue reading House Hunting in One Day: 6 Tips for Maximizing Your Time
Renters Still Crave Homeownership Homeownership is still the American dream, according to 84% of Americans. While the number of potential first-time homebuyers consistently hovers above 30%, it’s safe to say that the business of real estate tends to run in cycles. At any given moment inventory can fluctuate, interest rates can tick up or down, … Continue reading Renters Still Crave Homeownership
~I agree with so many of these! The homebuying process can be overwhelming with the contracts and disclosures making a seemingly endless stack of paperwork. Getting prepared beforehand so that you only need to worry about that paperwork and not the styles or home or neighborhood you would like will help ease the stress tremendously … Continue reading What You Can Do in 2018 to Make Buying a Home a Reality in 2019