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 […]

With Inventory Low: Will Your Dream Home Need Some TLC?

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With Inventory Low: Will Your Dream Home Need Some TLC? | Simplifying The MarketAccording to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief […]

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

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5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | Simplifying The Market

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.

Home Buyer Demand Will Be Strong for Years to Come

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Home Buyer Demand Will Be Strong for Years to Come | Simplifying The MarketThere has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and more research has surfaced that shows for the vast […]

Do 46 Million Millennials Know They Are Mortgage Ready?

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Do 46 Million Millennials Know They Are Mortgage Ready? | Simplifying The MarketMany have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they […]

Is Student Loan Debt A Threat to Homeownership? No!

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Is Student Loan Debt A Threat to Homeownership? No! | Simplifying The MarketOver the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt has soared to $1.5 trillion and represents the largest […]

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

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Some Highlights:

  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!