by Brent Knapp | First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that “all generations–including millennials–agree homeownership is very important to...
by Brent Knapp | For Sellers, Millennials, Move-Up Buyers
Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers
If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More and more ‘Old Millennials’ (25-36 year...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.The trend continued through all buyers with a mortgage, as 62% made a down payment of less than...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”At...