Article by: Simplifying the Market™Originally Published: July 12, 2019, 10:00 am Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is […]
Americans’ Powerful Belief in Homeownership as an Investment
Article by: Simplifying the Market™Originally Published: July 11, 2019, 10:00 amThe Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that […]
Millennials Are Increasing the Demand for Condominiums
Article by: Simplifying the Market™Originally Published: July 2, 2019, 10:00 amWhen deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, […]
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