BuilderOnline tells us that the housing market has nearly bounced back to a healthy state; yet more Americans than ever are opting to rent. What’s the reason for this rental market explosion that we’re seeing? The two groups we’ve predicted will help continue to heal the...
According to the Detroit News, housing experts are predicting that many foreclosure sufferers may soon be able to be homebuyers again in 2014. This growing group of bounce-back adults is now coined the “boomerang buyer.” Revisions made over the summer to Federal Housing Administration guidelines and...
According to PRNewswire and the PulteGroup, Millennials continue to show a strong interest in purchasing a home. For renters ages 18-34 with an income of more than $50,000, 65 percent indicated their intention to buy has significantly increased in the past year. The catch? Most Millennials...
According to a recent article on Zillow.com, the real estate market has picked up in many parts of the country. Though lots of buyers are out shopping, inventory is still low. Many national and local homebuilders are buying land, getting plans drawn, and starting construction...
Is this a good sign for the housing market? According to the Wall Street Journal, a new generation is skipping the 'starter home' and betting heavily on high-end real estate. There is a growing group of wealthy young buyers who are blazing a new trail in...
The new statistics are staggering - today, four in ten households with children under 18 include mothers who are either the sole or primary source of income for the family. The 2010 Census offered a first glimpse at the growth of this group and now Pew...
A recent survey by the NAHB reveals what prospective new-home buyers desire—and what they’re willing to pay for it. As the economy recovers pent-up demand is released and we see housing markets stabilize. As builders and buyers return, they are asking the next logical question: what...
The turbulent economy has made life challenging for millennials. The ultimate American dream, homeownership, has seemed uncertain and even out of reach. But it’s not necessarily that way across the US - here are some major cities where it is best to be a millennial...
Location used to be the number one reason people chose their new home. Today home design ties in importance . Move-up and luxury homebuyers of today are done with formal; they now see elegance in functionality. Formal dining rooms make way to a flex space that could...
It’s a new generation of homebuyers and they have smarter and faster tools to bring them exactly what they want. As a realtor are you going to cry over business lost to technology or join the wired generation and get your name out there? One way...