In the ever-evolving real estate landscape, one demographic group that has been making waves is the millennials. Born between the early 1980s and mid-1990s, millennials are now entering the prime age for homebuying, and their preferences and needs are significantly shaping the housing market. In this article, we will delve into the key factors influencing millennial homebuyers decisions and shed light on...
Saving for a down payment is a significant hurdle for many first-time homebuyers. The down payment is a crucial aspect of homeownership, as it determines your initial equity in your new home and can affect your mortgage terms. While it may seem challenging, with the right strategies and discipline, you can make progress toward your down payment goal. In this blog post, we will provide you with practical...
Throughout Women's History Month, we reflect on women's impact on our lives, including the impact on the housing market. Why is homeownership so important? In fact, since at least 1981, single women have bought more homes than single men each year, making up 17% of all households. Why Is Homeownership So Important to Women? Owning a home is a universal symbol of financial independence. Not only does...
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits so that interest is understandable. However, all 28 million Americans will unlikely accomplish that goal in the coming year. Experts project around five million homes will be sold in...