What Do Millennials Want in a Home?
Understanding Millennials Homebuyers Millennials—those who are in their 20s or early 30s—are the rising generation of homeowners. Their choices, values, and lifestyles are quite different from older generations. When it comes to buying a home, their careers, proximity to friends, and experiences are usually more important to them than the expanse of the property. Functionality […]
Should Baby Boomers Refinance?
Why Baby Boomers Should Consider Refinancing Between 2015 and 2030, the American population will experience a significant shift, as more than 130 million people will be at least 50 years old, and all of the baby boomers will have retired, which means that a fifth of the population of the country will be at least […]
How Can FHA Loans Help You Buy a Home?
What is an FHA Loan? FHA loans are specifically designed to assist homebuyers in purchasing homes they couldn’t afford if they opted for other types of mortgages. The Federal Housing Administration (FHA) was founded in 1934, and its aim was to help people purchase homes. This organization does not make any loans, but it does […]
What You Should Know About ARMs
What is an Adjustable Rate Mortgage (ARM)? Adjustable rate mortgages, or ARMs, are mortgages with varying interest rates that are usually determined by performance of benchmark indexes. As the index rate changes, your rate of interest will be adjusted periodically. Key Terms to Understand in ARMs Here is a brief ARM glossary: Index- The index […]
Should You Buy a Historic House?
There is nothing quite like the quaintness and uniqueness of a historic home. Buy a Historic House Many homebuyers and investors fall in love with historic houses because they are richly attractive pieces of historical beauty. They are also known for their established neighborhoods. But are historic homes worth the purchase? If you have been […]
Selling Your Home During the Holidays | Best Method For Passive Income
Contrary to what some might think, selling your home during the holidays is actually a great idea. The competition within this period is usually quite low due to the minimal number of homes put up for sell and actively advertised. A good number of prospective buyers are often serious and willing to make a purchase […]
Vacation Home Sales Soar
Vacation Home Sales Jump by 30% in 2013 According to the 2014 Investment and Vacation Home Buyers Survey by the National Association of Realtors, vacation home sales jumped dramatically in the last year or so. The survey reveals that vacation homes increased by almost 30% in 2013, their sales accounted for 13% of all real […]
Fall Home Improvement Projects
Essential Fall Home Improvement Projects Now that autumn is here, it’s a good idea for homeowners to consider taking on some fall home improvement projects. We’re not talking about extreme renovations that involve a lot of monetary input. It’s about the little changes that are made through a few additions and some maintenance tasks. Your […]
How to Sell Your House Without a Real Estate Agent | Top Tips
Sell Your Home Without an Real Estate Agent Most people rely on a real estate agent when they want to sell their house, but it is possible to get a buyer on your own. It may take a little more effort but you will end up saving the commission you would have paid to the […]
Why Real Estate Agents Should Focus on Baby Boomers
The Power of the Baby Boomer Market Want to focus on a particular niche for your real estate business? Consider the baby boomer generation! Why, you ask? Well, there are many reasons why it’s a good idea for agents to spend time and money marketing to baby boomers. Their generation accounts for about fifty percent […]