The housing market has drastically changed over the last few decades. Thanks to technological advancements, a change in priorities, and entirely new demographics entering the market (not to mention that little crash back in 2008), the U.S. housing market doesn’t resemble its former self at all — and that’s not such a bad thing.
Many younger buyers are finally entering the market and searching for luxury homes for sale and high end real estate, which we haven’t seen for years. Unfortunately, the market isn’t going to be as lucrative across the board for everyone in the United States — especially after the passing of the recent tax bill.
So how can you expect the U.S. housing market to change in 2018?
September sales for new homes across the Untied States have soared to the highest level in a decade.
According to USA Today, sales for new homes in the U.S. jumped last month to the highest level since 2007. This trend is further evidence that Americans are increasingly unable to find existing homes worth buying and are choosing to buy new instead.
Millennial stereotypes, like all stereotypes, are wildly oversimplified, inaccurate, and sometimes even disrespectful. That being said, it’s still fun to play along with what the conceivable stereotypical Millennial might want in a home. In fact, these stereotypes can be helpful to homeowners selling their houses and real estate agents looking to appeal to buyers.
Meet Millennial Mike. Mike works part-time at the emoji factory and is a full-time blogger for specialty coffee concepts. If Mike could pick and choose everything to have on his dream real estate property, he would select the following:
Going over houses for sale is an exciting time for any family. Though these discussions can lead to arguments and some uncertainties, it’s still important to take your family’s search for new houses seriously. Here are some helpful tips that will help you and your family find not just an okay home but the perfect place for you all to enjoy.
The average homebuyer is getting younger and younger and it’s affecting the entire real estate market. According to Realtor.com, about 61% of all 2017 homebuyers will be under the age of 35. It’s important to understand what makes this younger demographic tick, so here are a few real estate factors that younger homebuyers are looking for.