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!

Buying a Home Young is the Key to Building Wealth

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Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults. […]

Homeownership Remains a Huge Part of the American Dream

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Homeownership Remains a Huge Part of the American Dream | Simplifying The MarketAs we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them […]

Will Your Side Hustle Buy You a House This Year?

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Will Your Side Hustle Buy You a House This Year? | Simplifying The MarketThe top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017.  Among millennials with incomes over $100,000 a year, the top ways to come up with […]

Millennials Are Skipping Starter Homes for Their Dream Homes

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Millennials Are Skipping Starter Homes for Their Dream Homes | Simplifying The MarketA new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply put, a starter home is a one or two-bedroom home […]