According to the 2017 Home Buyer and Seller Generational Trends Report, Millennials bought 34% of the homes sold; the largest of any generation last year. Millennials looking to buy their first, or second, home need to ready themselves for a surprisingly competitive market. Lack of supply causes attractive homes to garner multiple offers in just a few hours! What can a Millennial buyer do to appeal to sellers and be the one who ends up with the home? Here are 5 ways they can snag … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 14th, 2018
Last week's economic reports included readings on consumer prices, consumer sentiment and weekly readings on mortgage rates and new jobless claims. Consumer Price Index Increases in April Consumer prices rose by 0.20 percent in April according to the Commerce Department. Analysts expected prices to rise by 0.30 percent based on a negative reading of -0.10 percent in March. Core consumer prices, which exclude volatile food and energy sectors, eased to 0.10 percent growth in April after growing by … [Read more...]
5 Critical Tips For Buying In A Seller’s Market
This summer, quality homes are being scooped up almost as fast as they're being listed - and for top price. Yes, it's a seller's market out there, which is great news if you're planning to list your home. For those looking for a home, the competitiveness can be frustrating and aggravating. Frustrating as it may be, there's plenty of reason for buyers to stick it out until their offer is accepted. For starters, interest rates are still fairly low. And secondly, there are great homes out … [Read more...]
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