Is Owning a Home Still the American Dream for Younger Buyers?
Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below): […]
Navigating Homeownership with Student Loan Debt: A Guide for Millennials and Gen-Z Renters
Are you a millennial or Gen-Z renter with dreams of homeownership but also burdened by student loan debt? You’re not alone. We understand that the prospect of purchasing a home while managing student loans can seem daunting. That’s why we’re here to provide you with valuable insights on how to make this journey more affordable […]
2 Reports That Say Now Is a Great Time to Sell Your House
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
Millennials are Buying more Homes and Mortgage Brokers are Winning More Business with Real Estate Agents
Millennials are buying more homes than ever and Mortgage Brokers are winning more business with Real Estate Agents. According to a new report from Realtor.com, millennials are taking over the mortgage market in the U.S. Home-loan data analyzed by Realtor.com show millennials — defined here as the generation aged 19 to 37 — have purchased a larger […]
Home Affordability-What is the cost of waiting?
Home Affordability Always the biggest question when someone is looking to buy a home. “How much do I qualify for”? The true question you are asking is “what is my home affordability?”. Per dictionary.com, Affordable: Adjective 1. That can be afforded; believed to be within one’s financial means: noun 2. Usually affordable. Items expenses,etc., […]