Tag Archives: Millennials

5 Reasons It’ll Pay to Sell Your Home Early in 2018

By Holly Amaya | Jan 10, 2018

It’s been nearly a decade since the Great Recession delivered the worst housing crash in modern memory. But these days, the fallout feels squarely in the rearview mirror. Markets have bounced back with fervor, and confidence is skyrocketing: From Charlotte, NC, to Stockton, CA—and everywhere in between—homes are flying off the market at record prices, and buyers are still clamoring to get in the game.

One thing is clear: It’s a great time to be a seller.

“We’ve seen two or three years of what could be considered unsustainable levels of price appreciation, as well as an inventory shortage that resulted in a record low number of homes for sale across the country,” says Javier Vivas, director of economic research for realtor.com®.

Sounds like the stuff of seller’s dreams, right? But know this: If you plan to sell in 2018—and you want to unload your home quickly and for maximum money—your window of opportunity may be rapidly narrowing. Here’s why you should get moving ASAP.

1. Rates are still historically low, drawing buyers into the market

2. Inventory remains tight—and demand high

3. Home prices are still increasing

4. People have more money in their pocket

5. Millennials are ready to commit

Read more.

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Millennials – the Homebuyers of 2017 – #reginasingh

shopper-01-1In sharp contrast with 2016, when only 33% of people planning to buy a home were first-time buyers, 52% of buyers with their eye on a home purchase next year will be first-timers. And 61% of those are under age 35. “With so many first-time buyers in the market, competition will be even fiercer next year for affordable starter homes in the suburbs. Those looking to buy may want to consider a winter home purchase in order to avoid bidding wars and higher prices spurred by a potential increase in millennial buyers.”
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Majority of Millennials don’t know about Low Down Payment Financing Options – Call #ReginaSingh

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Millennials Become the Biggest Generation in the U.S. Workforce

News: Millennials Become the Biggest Generation in the U.S. Workforce

Millennials, generally described as 18-to-34-year-olds, have moved past Generation X to become the largest generation in the American workforce, according to a Pew Research Center analysis. Using Census Bureau data, Pew found there are 53.5 million millennials in the workforce, or about one-third of all workers, as of the first quarter of the year. By comparison, there are 52.7 million Gen Xers, 44.6 million baby boomers and 3.7 million from the Silent Generation.

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