Tag Archives: Homebuyers

It looks like buyers and sellers are become more optimistic about today’s housing market. In fact, the number of buyers who say now’s a good time to buy is closing in on its record high.

More potential homebuyers are looking to migrate, and residential construction is a key driver.

Homebuyers within the last two years are buying homes in certain areas for a variety of reasons. But what is driving the millennial home-buying psyche, and how does it compare to previous generations?

Affording a comfortable lifestyle while saving enough money to send a child to college is a concern for the current homebuyer. The price of college is high and the cost of living in certain states directly impacts the chances of providing a child’s higher education. Recent data identifies the income needed to determine the cost of living securely and affording college tuition.

Homebuyers in San Jose, California are enjoying the fastest closing times in the nation. Trailing behind San Jose, six other cities came in at 50 days or less. These markets are seeing multiple bidders, many of whom are pre-qualified and offer large down payments, on the first day of listing.

The National Association of Homebuilders’ 55+ Housing Market Index revealed for Q1 2017 revealed a 12 point drop from Q4 2016, but the senior housing market is still in a strong area. Present sales fell 12 points to 62, expected sales fell seven points to 68, and prospective buyer traffic decreased 15 points to 34.

The competitive homebuying market brought on by short inventory supply is causing potential buyers to keep their renting options open.

More and more homebuyers are believing that the results of the 2016 presidential election will negatively affect the housing market, according to a survey.

The majority of renters said they would prefer to own a home if finances permitted them to do so.

More than 60 percent of millennials associate the American Dream with homeownership. So why do so few of them plan to buy a home?