A number of the homebuying characteristics of younger millennials are replicating the buying desires of those in the silent generation. This is according to the latest study from the National Association of Realtors®, the 2020 Home Buyer and Seller Generational ...

Tagged with: homebuyers

Home-buying demand took another step towards recovery, gaining strength for the third week in a row, according to Redfin’s latest weekly report. After plummeting as much as 34% in March, home-buying is now down only 15% from pre-coronavirus pandemic levels ...

Tagged with: homebuyers

Nearly half of all Americans financed their home purchases with down payments of less than 20% last year, according to a new analysis by Redfin (www.redfin.com), the technology-powered real estate brokerage. As the coronavirus pandemic sends shockwaves through the U.S. ...

Tagged with: homebuyers

  Generation Z, 18- to 24-year-olds who are entering the age bracket for first-time homebuying, is the first generation in American history with a preference for buying homes in culturally diverse neighborhoods, according to a recent Homes.com survey. Polling more than 1,000 young adults in ...

Tagged with: homebuyers

ATTOM Data Solutions, curator of the nation’s premier property database, has released an analysis that shows that nearly one in 10 homes sold so far in 2018 by the nation’s two leading iBuyers — Opendoor and Offerpad — were purchased ...

Tagged with: homebuyers

Millennials’ perceived value in buying a home dropped below 50 percent, down significantly from post-Brexit high, according to the latest ValueInsured quarterly Modern Homebuyer Survey: In the third quarter of 2018, 48 percent of all millennials believe buying a home in America today ...

Tagged with: homebuyers

As interest rates and home prices continue to rise, millennial home buyers are more likely than older buyers to adjust what they are shopping for, according to a new survey released today from realtor.com, a leading online real estate destination. ...

Tagged with: homebuyers

    Rising home prices and steadily increasing interest rates have pushed the average monthly mortgage payment up nearly 13 percent nationally over the past year, further challenging home buyers this spring, according to a new analysis released today by ...

Tagged with: homebuyers

On the heels of the most recent Case-Shiller report, which again showed home prices on an upswing, ValueInsured‘s latest quarterly Modern Homebuyer Surveyfinds that confidence among current American homeowners has decreased for two consecutive quarters and is starkly juxtaposed by an increase in ...

Tagged with: homebuyers

  Question: What are the pros vs. cons of buying with a buyer agent representing me on the buying transaction? Answer: Buyer agency (and seller agency) is a concept in the law. Agency law varies somewhat in the statutes from ...

Tagged with: homebuyers