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Demographics

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Planning To Retire? Your Equity Can Help You Reach Your Goal.

August 18, 2022 by Daniel Bayla

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the …

Read morePlanning To Retire? Your Equity Can Help You Reach Your Goal.

What Is Multigenerational Housing? [INFOGRAPHIC]

April 15, 2022 by Daniel Bayla

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing …

Read moreWhat Is Multigenerational Housing? [INFOGRAPHIC]

Millennials: Do You Need a Home with More Space?

February 28, 2022 by Daniel Bayla

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the …

Read moreMillennials: Do You Need a Home with More Space?

The Path To Homeownership Can Be Steeper for Some Americans

February 9, 2022 by Daniel Bayla

As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. It’s an …

Read moreThe Path To Homeownership Can Be Steeper for Some Americans

Millions of Americans Have Discovered the Benefits of Multigenerational Households

February 3, 2022 by Daniel Bayla

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the …

Read moreMillions of Americans Have Discovered the Benefits of Multigenerational Households

The Next Generation of Homebuyers Is Here

January 25, 2022 by Daniel Bayla

Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move on from renting. As you …

Read moreThe Next Generation of Homebuyers Is Here

Advice for First-Generation Homebuyers

December 14, 2021 by Daniel Bayla

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America, says: “Achieving this goal can …

Read moreAdvice for First-Generation Homebuyers

Retirement May Be Changing What You Need in a Home

November 17, 2021 by Daniel Bayla

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers …

Read moreRetirement May Be Changing What You Need in a Home

Is a 20% Down Payment Really Necessary To Purchase a Home?

September 22, 2021 by Daniel Bayla

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is …

Read moreIs a 20% Down Payment Really Necessary To Purchase a Home?

More Young People Are Buying Homes

August 19, 2021 by Daniel Bayla

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their …

Read moreMore Young People Are Buying Homes

The Truths Young Homebuyers Need To Hear

July 7, 2021 by Daniel Bayla

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value …

Read moreThe Truths Young Homebuyers Need To Hear

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

April 9, 2021 by Daniel Bayla

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are …

Read moreMultigenerational Housing Is Gaining Momentum [INFOGRAPHIC]
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