A variety of emotions can motivate homebuyers. Painful factors may include job relocation or a parent moving in due to illness. Some are driven by the hope of promise: an impending family or a dream being realized. One thing most buyers have in common? Fear. Trepidation over not making the right decision, spending too much, or making too many mistakes plagues many first-time … [Read more...] about The Psychology of Home Buying: Set Aside Emotions and Focus on the Facts
Millennials are expected to form 20 million new households by 2025. That indicates a major shift for many 18-34-year-olds: from renting to owning a home. Renters typically need to come up with first, last, and security deposit lock in a place. But purchasing a home requires a significantly more intense upfront commitment, including money for: A down paymentPrivate mortgage … [Read more...] about 4 Ways Millennials are Transitioning from Renting to Buying
If buying a home in 2022, or at any point in the near future, is part of your goals it’s best to get started early. Having clarity regarding your finances and the home buying process can ensure you make more empowered decisions when you are ready to purchase a home. We have assembled a few tips on how to plan and budget so you can take confident steps toward that life-changing … [Read more...] about 4 Tips For How to Plan, Budget and Smartly Purchase Your First Home
Pros and Cons of Buying a Home in Spring, Summer, Fall, and Winter Spring and summer months bring an influx of potential homebuyers. In warmer months, the trees are blooming. Birds are singing. You are not shivering and wearing forty-five different layers of socks. Home inventory increases with the warmer weather. Potential buyers come out of hibernation and into the … [Read more...] about When’s the Best Season to Buy a Home?
Despite an existing gender pay gap, single women are purchasing nearly double the number of homes than men. According to the National Association of Realtors Home Buyers and Sellers Generational Trends Report (2018), 65% of homebuyers were married, 18% were single females, 7% were single males, and 8% were unmarried couples. Nearly double the single women bought homes than … [Read more...] about The Rise Of Female Homebuyers