Millennials

Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Generation X, Infographics, Millennials / Marie Miller and Vera Jacques

Some Highlights:

According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding.
Many young couples are saving for a wedding and a home at the same time.
The average US …

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Homeownership is a Dominant Gene

First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy / Marie Miller and Vera Jacques

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of millennial homeowners, the homeownership rate of those […]

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Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers / Marie Miller and Vera Jacques

You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers / Marie Miller and Vera Jacques

It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers / Marie Miller and Vera Jacques

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The Wave of Millennial Homebuyers Continues to Swell

First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy / Marie Miller and Vera Jacques

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]

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Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Rent vs. Buy / Marie Miller and Vera Jacques

In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]

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Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]

Baby Boomers, First Time Home Buyers, For Buyers, Generation X, Infographics, Millennials, Move-Up Buyers, Rent vs. Buy / Marie Miller and Vera Jacques

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 5 years!
The generations agree! Real estate is the best investment!
Generation X leads the way with 37% believing in real estate as the top investment.

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Rising Interest Rates Have Not Dampened Demand

First Time Home Buyers, For Buyers, Interest Rates, Millennials, Move-Up Buyers / Marie Miller and Vera Jacques

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), […]

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5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Millennials, Rent vs. Buy / Marie Miller and Vera Jacques

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 whatever color they’d like or renovate an outdated part of their living space.

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