“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.”
The top reason millennials choose to buy is to have control over their living space, at 93%.
Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they'd like or renovate an outdated part of their living space.
The post 5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] appeared first on Keeping Current Matters.
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.
The post Buyer Demand Surging as Spring Market Begins appeared first on Keeping Current Matters.
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey<, rates came in at 4.12% last week!
The post Are Low Interest Rates Here to Stay? appeared first on Keeping Current Matters.
Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.
The post Homeowners: Now Is A Good Time To Sell Your House appeared first on Keeping Current Matters.
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.
The post 3 Questions You Need To Ask Before Buying A Home appeared first on Keeping Current Matters.
The average down payment for first-time homebuyers is only 6%!
Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate!
88% of property managers raised their rents in the last 12 months!
The average credit score on approved loans continues to fall across many loan types!
The post Slaying the Largest Homebuying Myths Today [INFOGRAPHIC] appeared first on Keeping Current Matters.
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.
The post Home Value Appreciation Stops Falling, Begins to Stabilize appeared first on Keeping Current Matters.
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”.
The post Home Buyer Demand Will Be Strong for Years to Come appeared first on Keeping Current Matters.
One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet!
The post Why Pet-Friendly Homes Are in High Demand appeared first on Keeping Current Matters.
As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.
The post What to Consider When Choosing Your Home To Retire In appeared first on Keeping Current Matters.