Getting approved for a mortgage is a process. Here is a list of things that a buyer should avoid when in the approval process.Read More
Purchasing a home is a big decision. HOA’s can sometimes be a bit confusing. When purchasing a home with HOA’s the buyer has options to look into what they consist of. This article will go over HOA’s in a bit more detail. Still have questions contact our office to have a consultation with one of our experienced Realtor’s.Read More
Millennial’s are fast approaching their prime home buying years. Recently, Realtor Magazine wrote an article describing the advantages that this generation has over the previous age groups. This is a great time to take a look at the buying power millennial’s have and what this could mean for selling your home.Read More
Having complete access to your home during the selling process is crucial. Once a home is listed in a fast market, it will be immediately placed for people to view. Restrictions make it difficult to get buyers in to see your home, and it can make or break the sale. This blog will explain reasons behind why allowing the Realtor access makes such a difference.Read More
With the recent economic expansion being one of the largest in American history, many are fearful of a recession on the horizon. Recent publications in the media is leading a lot of people to believe there could be a repeat of 2008 crash. Please read this blog and see how experts feel regarding this situation and how to ease your fears surrounding another possible recession.Read More
The beginning stages of home buying can be very overwhelming. Many potential home buyers find solace in looking online for information, yet come out frustrated and overwhelmed. This article will help direct and give advice on the beginning stages of finding a home.Read More
Thinking of moving, yet have school aged children? Here is an article with expert advice on how to handle the move. Buyers and sellers who have children have different priorities and could have a difficult time. Read futher to see how we may be able to assist ease those concerns.Read More
Some consumers are concerned about where the current housing market is heading. Here is an article to give insight into what housing and financial experts are saying. Lower interest rates and higher wages are making it much more accessible to purchase a home. Take a look at the reasons behind what the professionals are thinking.Read More
From a financial standpoint, renting is not always the best option. Many consumers are not aware of how purchasing a home can benefit for their lives. Here are the top five reasons behind making the decision to purchase.Read More
If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. You may be ready to move into a home that better fits your current lifestyle. Many fellow boomers have already made the move you may be considering.Read More
Landscaping is one of the most important ways to increase your property’s value quickly. In fact, a gorgeous landscape design can increase the value of your home by at least 5 to 11 percent—and maybe more. The best part about landscaping is that even though it’s one of the most valuable home improvements you can make, it’s also one of the easiest. If you’re wondering how to turn your landscape into one of your home’s most valuable assets, here are some tips to get you started.Read More
The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer.Read More
There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”.Read More
“The rumors of my death are greatly exaggerated.”
The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.
That led to speculation that homeownership was no longer seen as a major component of the American Dream. That belief became so widespread that the term “renters’ society” began to be used by some to define American consumers.
However, the latest report by the Census Bureau on homeownership shows that over the last two years, the percentage of homeowners has increased in each of the last eight quarters.
It appears the homeownership rate will continue to increase.
The 2019 Aspiring Home Buyers Profile recently released by the National Association of Realtors revealed that 84% of non-owners want to own a home in the future. That percentage increased from 73% earlier last year.
In the United States, the concept of homeownership as part of the American Dream is very much alive and well.