According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement. As one participant in the study stated: “In retirement, you have the chance to live anywhere you want. Or you […]
Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years
May 5, 2018 by ·
If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed […]
Listing A Home? Is the Listing ‘Pet-Friendly’?
August 22, 2017 by ·
Did you know that 61% of American households have a pet? How do you make your Pet Listing stand out to the millions of pet parents searching for their dream homes? Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they […]
How Long Do Most Families Stay in Their Home?
August 9, 2017 by ·
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median tenure […]
3 Questions to Ask If You Want to Buy Your Dream Home
May 5, 2017 by ·
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to […]
![Why Millennials Choose to Buy [INFOGRAPHIC]](https://i0.wp.com/homeloansbykarenjones.info/wp-content/uploads/2017/04/Millennials-Choose-to-Buy.jpg?resize=850%2C250)
1 of the 59 Million Are Planning to Buy This Year- Are You Ready?
March 25, 2017 by ·
According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017. The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older […]
What Would a Millennial Baby Boom Mean for Housing?
March 10, 2017 by ·
Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers. “All told, Millennial women (those born between 1981 to 1997) accounted for about eight in ten (82%) […]
Think All Millennials Live in Their Parent’s Basement?
December 16, 2016 by ·
According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America’s youth born between 1982-2000, now represent more than one quarter of the nation’s population, totaling 83.1 million. There has been a lot of talk about how, as a generation, millennials have‘failed to launch’ into adulthood […]
Over Half of Americans Planning on Buying in the Next 5 Years
May 30, 2016 by ·
According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also […]
