It’s A Revolution: Millennial Buyers
Millennials are finally expected to unleash their buying arm in 2017. They are predicted to make up 61 percent of first-time home buyers under age 35 in the new year. The top motivators getting millennials moving now are getting married or moving in with a partner, growing tired of their current living space, and planning […]
It’s Time to Buy
Good news for current and potential homeowners: while renters are paying more, affordability is improving for those who own their homes. The number of cost-burdened homeowners declined in 2014 for the fourth consecutive year while today low-income renters are getting squeezed out by the more affluent. Three of California’s cities appear on a list recently […]
Spring Buying Season & The Millennial Shift
Millennials are the first generation to come of age in the post-recession housing market in a relatively positive light. Yet the No. 1 barrier to entry for young, would-be homebuyers? Credit. “The mortgage industry is poised to experience a monumental shift as more millennial homebuyers begin to enter the market,” said Joe Tyrrell, executive vice […]
Top Reasons You Should Buy A House Right Now
Top Reasons You Should Buy A House Right Now The housing market is definitely recovering, offering more favorable conditions for wannabe homeowners than ever during the past few years. This improvement comes as a result of a recovering economy – as employment is rising, buying power is getting stronger as well, so now can be […]
Reasons Why You Should Buy Your New Home Before Spring
Reasons Why You Should Buy Your New Home Before Spring If you are planning to get a home but were intending to wait until spring, here are a few reasons why it’s best not to wait and to purchase your new home now. With predictions of mortgage rates, interest rates and fewer homes on the […]
New Home Purchase Applications Have Risen By 8 Percent In October
Recent events and changes made by Fannie Mae and Freddie Mac as well as the low mortgage rates have resulted in the new home purchase applications increasing by 8% in October. The Mortgage Bankers Association has revealed important survey data which shows this considerable increase while experts are trying to figure out what caused it. […]
Why Millennials Are Having Trouble Buying Homes
There are many reasons why the millennial generation – young adults in their 20s and early 30s – are either having trouble buying a home or have decided to delay their purchase. Recent troubles in home purchasing have left many millennials feeling discouraged and wondering if they will ever become homeowners. Many experts are also […]
Spring Buying Season Ends on a High Note
July managed to produce the best price appreciation and inventory increase in three years—as well as the highest existing sales for 2014. While affordability levels are far from ideal thanks to the extreme price appreciation we witnessed in 2013, a healthy rise in home values continues to benefit the housing market. For instance, previously underwater […]
The Benefits of Buying a Second Home in San Diego
Buying a second home in San Diego might seem a crazy idea in times like ours, but believe us, it is a sound decision from a financial and emotional perspective as well. Second homes usually serve as vacation homes or investments that will generate income to the owners – whatever purpose appeals to you, purchasing […]
11 Reasons Why You Should Own vs. Rent A Home
Is is better to Own vs Rent a home? What questions should you consider when deciding whether or not to purchase a property? While there are numerous arguments in favor of property rental, there are even more advantages to owning property. In what follows, we will present 11 of the most important ones: Buying a […]
