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Millennials

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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?

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

What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

October 8, 2021 by Daniel Bayla

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of …

Read moreWhat’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

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 …

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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]

Is Homeownership Still Considered Part of the American Dream?

March 31, 2021 by Daniel Bayla

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many …

Read moreIs Homeownership Still Considered Part of the American Dream?

Millennials: Is It Time to Buy a Bigger Home?

February 16, 2021 by Daniel Bayla

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending …

Read moreMillennials: Is It Time to Buy a Bigger Home?

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