Demographics

May 23, 2020

A Surprising Shift to the ‘Burbs May Be on the Rise

A Surprising Shift to the ‘Burbs May Be on the Rise

While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially ...

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May 14, 2020

Why the Housing Market Is a Powerful Economic Driver

Why the Housing Market Is a Powerful Economic Driver

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process.

Today ...

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Nov. 20, 2019

This is Not 2008 All Over Again: The Mortgage Lending Factor

The Mortgage Lending Factor

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money.

Recent articles about the availability of low down-payment loans and down payment assistance programs are ...

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Sept. 12, 2019

Millennial Buying Power Poised to Boost Homeownership

Millennial Buying Power Poised to Boost Homeownership

In 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 ...

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Sept. 3, 2019

Top Priorities When Moving with Kids

Top Priorities When Moving with Kids

According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes ...

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Aug. 23, 2019

Seniors Are on the Move in the Real Estate Market

Seniors Are on the Move in the Real Estate Market

Did you know August 21st was 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 ...
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Posted in Buyers, Demographics
July 2, 2019

Millennials Are Increasing the Demand for Condominiums

When 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 ...

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June 20, 2019

Young First-Time Buyers Are Saving for Their Dream Homes

Young 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 ...

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