Many Americans want financial stability. Young professionals and new families, in particular, are looking for a city that offers a prospering job market, fair wages, and a low cost of living. MarketWatch recently evaluated data for 100 top cities across the U.S. to find the 10 best affordable cities in America where people actually enjoy […]
Millennials and the Minimalism Trend
Millennials, Minimalism, and Real Estate: How a Younger Generation is Redefining Homeownership Millennials are entering the real estate market in droves. However, many of them are looking for vastly different houses than the generations before them. Instead of sprawling homes with large yards and plenty of square footage, millennials are trending towards minimalism: spaces that […]
Multigenerational Living in America
Over the past decade, homebuyers have embraced multigenerational living. A recent study found that 1 in 5 American households have multiple generations living in the same space. The reasons for multigenerational households are as varied as the families who live together under one roof: financial stability, affordability, assistance with childcare, and in-home care for aging […]
Millennial Homebuyers: 7 Surprising Facts Realtors Should Know
Millennials have now overtaken Baby Boomers as the largest population in the United States. Marketing to millennial homebuyers hasn’t been a top priority for many real estate agents in the past, but that’s all starting to change. Adults under the age of 35 – those who identify as millennials – are now buying homes at […]
Marketing to First-Time Homebuyers: A Realtor’s Guide
Millennials are buying their first homes – and buying them in record numbers. The 2019 National Association of Realtors (NAR) Buyer and Seller Generational Trends Report found that the number of young, first-time homebuyers is on the rise. Millennials, identified as those born between 1980-1999, comprise about 37% of the overall home buying market. Millennials […]
8 Ways to Save for a Down Payment
If you’re one of the millions of Americans hoping to buy a home soon, you are probably searching for ways to save for your down payment. A more substantial down payment can save you money in several ways: Lower interest rates and access to better loan programs. Lower monthly payments. Less interest over the life […]