I’ve heard it said and have read it recently, that buying or selling a home is one of the most stressful things you can do. More stressful than having a child, changing a job, or retiring. Going through such a stressful event can be heightened when going alone. Although the stereotypical first-time homebuyer is believed to…
According to the latest statistics from the National Association of Realtors, millennials comprise of the largest generational group purchasing homes. At approximately 35%, homebuyers 35 years and younger lead the pack with a median age of 30 years old. The millennial generation is heavily impacting the homeownership and home sales. Since these buyers represent the biggest…
The most pressing real estate questions asked is: is this a good time to buy and/or is this a good time to sell? There’s a common belief that spring and summer are the best times for real estate. This notion is then reinforced by a conditioned mentality that if you are to buy, you should…
I once had a conversation with my father about his experience buying his first house in the 1960s. When he told me that his mortgage interest rate was 4% I nearly fell on the floor. Why? Because, while mortgage rates are at record lows right now, at the time of the conversation in 1981 mortgage rates…
The Search A common point of confusion for people when they are purchasing a home is how long the home buying process will actually take. Some folks think that it all comes together immediately, while others assume that if will take months before they move into their dream home. The truth is that there are…
Popularized by the movie Failure to Launch, there’s a common belief that millennials are not interested in buying a home of their own, preferring instead to mooch off their parents and live rent free. Well, according to the National Association of Realtors, millennial buyers currently represent the largest share (32%) of recent buyers for the second…