Millennials

Millennials: Here’s Why the Process is Well Worth It.

First Time Home Buyers, For Buyers, Millennials /

\"Millennials:Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.” If you’re a Millennial, you’re already well aware that you’re […]

Millennials: Here’s Why the Process is Well Worth It. Read More »

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 […]

5 Reasons to Consider Living in a Multigenerational Home Read More »

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 […]

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

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 […]

Millennial Buying Power Poised to Boost Homeownership Read More »

Millionaire to Millennials: The Costly Mistake of Not Buying Now

Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers, Rent vs. Buy /

\"MillionaireOn his personal website, self-made millionaire David Bach makes a striking statement:  “Not prioritizing homeownership is the single biggest mistake millennials are making.”  He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances […]

Millionaire to Millennials: The Costly Mistake of Not Buying Now Read More »

Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

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

\"Is

Some Highlights:

  • According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
  • According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32.
  • More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!

Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] Read More »

Americans’ Powerful Belief in Homeownership as an Investment

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

\"American’sThe Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]

Americans’ Powerful Belief in Homeownership as an Investment Read More »

Millennials Are Increasing the Demand for Condominiums

Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Millennials, Move-Up Buyers, Rent vs. Buy /

\"MillennialsWhen deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications […]

Millennials Are Increasing the Demand for Condominiums Read More »

Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]

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

Some Highlights:

Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
Stock owners are more positive about real estate than stocks as an investmen…

Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC] Read More »

Young First-Time Buyers Are Saving for Their Dream Homes

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

\"YoungYoung buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. According to a survey from Open […]

Young First-Time Buyers Are Saving for Their Dream Homes Read More »