“‘Old Millennials’ (ages 25-36) are dominating the first-time homebuyer category.”
Some Highlights:
- According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
- With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
- More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!
To view original article, visit Keeping Current Matters.
Why Today’s Foreclosure Numbers Are Nothing Like 2008
While foreclosures are climbing, it’s clear foreclosure activity now is nothing like it was during the housing crisis.
What Are the Experts Saying About the Spring Housing Market?
Buyers are going to see more competition than they might expect because there are not many homes on the market.
The Power of Pre-Approval
Pre-approval gives you critical information about the homebuying process that’ll help you understand how much you may be able to borrow.
What’s the Difference Between a Home Inspection and an Appraisal?
Your trusted real estate professional will help you navigate both the inspection as well as any issues that arise during the buying process.
5 Reasons Millennials Are Buying Homes
The top reasons include building equity, a change in life stage, wanting stability, rising home values, and wanting to make somewhere truly their own.
Think Twice Before Waiting for Lower Home Prices
The best way to understand what home values are doing is to work with a local real estate agent who can give you the latest insights.
.jpg ){kind=logo}
