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80% of Renters Believe Homeownership is a Part of Their American Dream

According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to state that 50% of millennials believe that their rent will increase, with 20% believing that an increase in rent will be the catalyst that pushes them to consider buying a home vs. renewing their lease. So, what is holding renters [...]

By | 2018-02-21T05:00:45+00:00 February 21st, 2018|First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy|Comments Off on 80% of Renters Believe Homeownership is a Part of Their American Dream

Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

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 5.1% by 2019. CoreLogic predicts home prices to appreciate by 4.3% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to!

By | 2018-02-16T05:00:01+00:00 February 16th, 2018|First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing|Comments Off on Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

Millionaire to Millennials: Don’t Rent a Home… Buy!

In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more than renters. Now, that first home doesn’t need to be a dream home, it can be a very small home. You might literally have to buy a small studio [...]

By | 2018-02-06T05:00:15+00:00 February 6th, 2018|First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers|Comments Off on Millionaire to Millennials: Don’t Rent a Home… Buy!

Study Shows “Millennials Deserve More Credit”

When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the majority of these stereotypes paint the generation in a negative light. A new study by Bank of America entitled Better Money Habits Millennial Report recently came to the defense of [...]

By | 2018-01-31T05:00:26+00:00 January 31st, 2018|First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers|Comments Off on Study Shows “Millennials Deserve More Credit”

5 Reasons Millennials Choose to Buy [INFOGRAPHIC]

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living space, at 93%. Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls [...]

By | 2018-01-26T05:00:43+00:00 January 26th, 2018|First Time Home Buyers, For Buyers, Infographics, Millennials|Comments Off on 5 Reasons Millennials Choose to Buy [INFOGRAPHIC]