5 Reasons to Consider Living in a Multigenerational Home

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5 Reasons to Consider Living in a Multigenerational Home | Simplifying The MarketDid you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of all buyers have […]

Americans’ Powerful Belief in Homeownership as an Investment

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American’s Powerful Belief in Homeownership as an Investment | Simplifying The MarketThe Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]

What is Important to Boomers when Selling their House?

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What is Important to Boomers when Selling their House? | Simplifying The MarketIf you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. You may […]

Multigenerational Homes Are on the Rise

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Multigenerational Homes Are on the Rise | Simplifying The MarketAs loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average age in the U.S. is 78 years old!  As a […]

Are Older Generations Really Not Selling Their Homes?

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Are Older Generations Really Not Selling their Homes? | Simplifying The MarketMany studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent […]

Your Fabulous New Dream Home is Now Available

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Your Fabulous New Dream Home is Now Available |Simplifying The MarketOver the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, four-bedroom colonial with three bathrooms no longer fits […]

What Would Make You Sell Your House?

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What Would Make You Sell Your House? | Simplifying The MarketThere are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). […]

New Study Reveals One Surprising Reason for the Inventory Shortage

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New Study Reveals One Surprising Reason for the Inventory Shortage | Simplifying The MarketThere has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While […]

New Study Reveals One Surprising Reason for the Inventory Shortage

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New Study Reveals One Surprising Reason for the Inventory Shortage | Simplifying The MarketThere has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While […]