Millennials Archives - Page 6 of 9 - See Jersey Shore Homes

Still Think You Need 15-20% Down to Buy a Home? Think Again!

October 24, 2018

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in […]

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Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

September 28, 2018

Some Highlights:

The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.2% by the third quarte…

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Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]

September 14, 2018

Some Highlights:

According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding.
Many young couples are saving for a wedding and a home at the same time.
The average US …

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Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]

September 14, 2018

Some Highlights:

Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC] Read More »

Homeownership is a Dominant Gene

September 5, 2018

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of millennial homeowners, the homeownership rate of those […]

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Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

August 22, 2018

You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

August 15, 2018

It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]

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The Wave of Millennial Homebuyers Continues to Swell

August 8, 2018

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]

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Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

August 6, 2018

In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]

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Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]

July 27, 2018

Some Highlights:

Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
The generations agree! Real estate is the best investment!
Generation X leads the way with 37% believing in real estate as the top investment.

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Rising Interest Rates Have Not Dampened Demand

July 11, 2018

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), […]

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5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC]

June 29, 2018

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.”
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.

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