Demographics

How Trusted Professionals Make Homebuying Easier to Understand

Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials /

\"HowIn the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help […]

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Homeownership Rate on the Rise to a 6-Year High

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials /

\"HomeownershipRegardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below: This increase does not come as […]

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Does “Aging in Place” Make the Most Sense?

Baby Boomers, Demographics, For Sellers, Generation X, Senior Market /

\"DoesA desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – […]

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How to Avoid a Gender Gap When Investing in the Housing Market

Demographics, For Buyers, For Sellers /

\"HowWhen buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple […]

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Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Infographics, Millennials, Pricing /

Some Highlights:

Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market.
A strong economy and lower m…

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5 Reasons to Consider Living in a Multigenerational Home

Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Millennials, Move-Up Buyers, Senior Market /

\"5Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of all buyers have […]

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Be on the Lookout for Gen Z: The Next Generation of Homebuyers

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers /

\"BeGen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later. You’ve likely heard a ton about Millennials, but […]

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Homeownership is the Top Contributor to Your Net Worth

Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers /

\"HomeownershipRecently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and […]

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Millennial Buying Power Poised to Boost Homeownership

Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Millennials, Move-Up Buyers /

\"MillennialIn a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making […]

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Seniors Are on the Move in the Real Estate Market

Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths, Senior Market /

\"SeniorsDid you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the […]

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