Wednesday, January 26, 2022 / by Raj Jaggi
Many Generation Z (Gen Z) individuals are approaching adulthood and considering whether to rent or purchase a home. If you fall into this category, keep in mind that you're never too young to start thinking about homeownership. The earlier you begin preparing, the quicker you will be able to leave your rented home.
Here are a few reasons to consider buying a home this year as you begin your journey and plan your next move.
Why Does Gen Z Want To Become Homeowners?
According to realtor.com research, while the overwhelming majority of Gen Z has yet to enter the housing market, a sizable percentage plans to do so in the near future. According to the study, 72% of Gen Z would prefer to buy a home than rent for the long run. As George Ratiu, Realtor.com's Manager of Economic Research, puts it:
“With nearly three-quarters of those surveyed preferring to buy versus renting long-term, the housing industry should be prepared for millions of Gen Z buyers to bring a new wave of demand ...
Friday, December 31, 2021 / by Raj Jaggi
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Welcome to Charming, Well-Maintained Barnum Woods Brick Split House! This House Features 3 Large Bedrooms and 3 Bathrooms. Vaulted Ceiling in the Hallway. Enter into the First floor which has an Open Layout with an Eat-in Kitchen having SS Appliances, Living Room & Dining Room with Sliding Door for the Deck. Finished Basement. Master Bedroom with Bath & WIC! Beautiful Deck to Relax, Fenced Backyard, 2- Car Attached Garage & Private Driveway. Hardwood Floors, High-hats, Central AC, Crown Moldings All Over...Close to All Amenities & Transportation, GREAT LOCATION!! MUST SEE!!
(CLICK THE IMAGE BELOW TO PREVIEW THE HOME)
14 Belfry Lane, Hicksville, NY 11801
Come check out this Beautiful Cape sitting in the Heart of Hicksville! LOCATION LOCATION LOCATION! This charming house features 5 bedrooms & 2 full bathrooms, Living room with a Skylight for that natural light keeping the house sunny & warm! Eat-in kit ...
Monday, December 27, 2021 / by Raj Jaggi
Americans are more motivated than ever to purchase a home, thanks to the potential to take advantage of today's cheap mortgage rates and changing homeowner demands. Buyers are making moves right now, according to experts, resulting in an unusually robust property market for this time of year.
As we near the end of the fall season and the start of the winter months, here's what a few industry executives have to say about the present market's sustained strength and what it implies for the early part of next year.
Lawrence Yun, Chief Economist, National Association of Realtors (NAR)
“This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low. The notable gain in October assures that total existing-home sales in 2021 will exceed 6 million, which will shape up to be the best performance in 15 years.”
Odeta Kushi, Deputy Chief Economist, First American
“So far in November, purc ...