Real Estate Questions and Answers

Millennials

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

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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 of a possible first-time buyer program, and any number of … [Read more...] about 4 Reasons Why the Election Won’t Dampen the Housing Market

Buyer Interest Is Growing among Younger Generations

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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 National Association of Realtors (NAR), explains: “Home … [Read more...] about Buyer Interest Is Growing among Younger Generations

Do You Have Enough Money Saved for a Down Payment?

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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 in purchasing a home over the next 12 months. The study … [Read more...] about Do You Have Enough Money Saved for a Down Payment?

Today’s Buyers Are Serious about Purchasing a Home

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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 … [Read more...] about Today’s Buyers Are Serious about Purchasing a Home