Article by: Simplifying the Market™Originally Published: December 1, 2022, 11:00 amIf you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a […]
More People Are Finding the Benefits of Multigenerational Households Today
Article by: Simplifying the Market™Originally Published: November 17, 2022, 11:00 amIf you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational […]
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
Article by: Simplifying the Market™Originally Published: November 3, 2022, 10:00 amIt turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the […]
The Next Generation of Homebuyers Is Here
Article by: Simplifying the Market™Originally Published: January 25, 2022, 11:00 amMany members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, […]
Advice for First-Generation Homebuyers
Article by: Simplifying the Market™Originally Published: December 14, 2021, 11:00 amThe sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community […]
Is a 20% Down Payment Really Necessary To Purchase a Home?
Article by: Simplifying the Market™Originally Published: September 22, 2021, 10:00 amThere’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of […]
More Young People Are Buying Homes
Article by: Simplifying the Market™Originally Published: August 19, 2021, 10:00 amThere’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off […]
The Truths Young Homebuyers Need To Hear
Article by: Simplifying the Market™Originally Published: July 7, 2021, 10:00 amFor many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k […]
Knowledge Is Power on the Path to Homeownership
Article by: Simplifying the Market™Originally Published: December 1, 2020, 11:00 amHomeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there […]
Buyer Interest Is Growing among Younger Generations
Article by: Simplifying the Market™Originally Published: October 28, 2020, 10:00 amThe demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing […]