Posts Tagged :

Home buyers

rate drop, rate decrease, mortgage rate

Are Rate Cuts Coming?

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Good news for homebuyers. The Federal Reserve is going to be dropping rates once again. Federal Reserve Chair, Jerome Powell, stated that the Fed would act “as appropriate” in order to maintain the current economic expansion. As we near 2020, it is predicted the Fed will continue dropping rates to keep up with the longest economic…

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Expert Predictions for the Second Half of 2019

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The first half of 2019 saw the housing market (finally) start to shift away from being a seller’s market. While sellers are still holding a lot of sway, buyers are seeing prices drop and negotiating power rise. This is great news for first-time homebuyers, most of whom are millennials. Right now is a very good…

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Realogy Teams Up With Amazon to Simplify Home Buying Process

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The largest real estate company in the United States has teamed up with Amazon to create Turnkey, a new homebuying program that simplifies the process of finding and settling into a new home. Realogy is trusted and known for their brands Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, ERA and Sotheby’s International…

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Homeownership A Strong Investment

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The American Dream of homeownership is still high on many Americans wishlist. Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Additionally, the majority of renter households are reporting they’d rather own…

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Millennial Homebuyers a Major Opportunity for US Housing Market

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Over the next five to ten years 3.1 million millennials are going to enter the age of typical first-time homebuyers. However, due to low inventory for homes, student debt, and delayed marriage (amongst other factors), almost 22% of millennials are returning home to live with their parents after college graduation. According to a recent analysis…

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California Housing Markets See Big Price Gains

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Over the next ten years, there are ten metro markets that will see an increase in home appreciation. All ten markets are in California. Recently, The Homebuying Institute released an article discussing home prices in the United States. Prices have slowed down over the past year or so, however, there are still some local real estate markets that…

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Millennial Home Buyers Face Shortage of Starter Homes

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A few reasons Millennials might want to purchase and own a home include security, independence, building equity, stability, and financial flexibility. However, signs are showing that it will be difficult for the millenial age group to accomplish this due to a tight supply of starter homes for young potential home buyers. A recent article from Forbes…

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Why Choose a New Home? Infographic

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If you’re thinking about purchasing a home right now, you may be wondering whether you should give serious consideration to purchasing a new home instead of a resale home. Since new homes are generally believed to have a slightly higher price tag than resale homes, are the benefits of a new home purchase really worth…

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What Amenities Are Luxury Home Buyers Most Interested In?

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What amenities are most desired by home buyers who plan to spend more than $500,000 on their home? That was a question recently posed in a National Association of Home Builders’ study. Below is a graphic showing the percentage of buyers who rated each amenity as a strong preference. What about you? Which of these…

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Why Choose a New Home?

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Why Choose a New Home? Earlier this month the Sacramento Bee featured a story detailing home builders’ plans to construct upwards of 10,000 new homes in the Folsom region within the next several years. Just a few days later that same journal ran a story highlighting the forecast for major new home growth all over…

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