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5 Financial Solutions for First-Time Buyers

Blog Contributor Buyers, Financing & Credit, Working with Clients Leave a Comment

By: Wendy Rose Gould It’s no secret that housing costs have become increasingly expensive over the past few years, and there’s no sign of a drastic market change anytime soon. Hopeful first-time buyers are arguably experiencing the crunch more than anyone else, with many feeling like their long-held dream of purchasing real estate is simply out of reach. What clients …

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Real Life First Time Home Buyers vs Reality TV First Time Home Buyers

Duriel Taylor Working with Clients 5 Comments

By: Duriel Taylor First time home buyers are individuals who have either never purchased real estate before or individuals who have not owned real estate in the last three years. These buyers often have questions about every step of the process and rely on real estate professionals to help them sort through all that comes with buying a home. The …

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What You Need to Know About Condo Sales

Marcelo Steinmander Buyers, Condominiums 2 Comments

By: Marcelo Steinmander Contrary to what you might think or have been told (or read somewhere), buying a condominium unit is not complicated. If done right, the transaction should feel similar to buying other residential real estate. True, there are specifics to take into consideration with condos that should not be ignored, but none of them should make the process …

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Where Are ‘All the Single Ladies’ in the Real Estate Market?

Lee Davenport, Ph.D Buyers, Fair Housing 4 Comments

By: Dr. Lee Davenport The below are all direct quotes from community members. These statements were made in 2020, even though they sound like they’re from a very different time. “I didn’t know I could buy a house without a man.” “I want to wait until I get married to buy a home.”  “I’m afraid to intimidate any potential suitors.” …

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Home Features Young Buyers Care About

Blog Contributor Buyers 2 Comments

By: Wendy Gould According to NAR’s 2023 Home Buyers and Sellers Generational Trends study, first-time homebuyers make up about one-quarter of the market. The elder and younger millennials and Gen-Z generations comprise this market section. It’s particularly exciting to see Gen-Z make their way into the market, said Dr. Jessica Lautz, NAR deputy chief economist and vice president of research, …

Love Letters to Sellers: Why They’re Not a Good Idea

Neil Goradia Buyers, Customer Service, Fair Housing, Legal, Sellers 4 Comments

By: Neil Goradia Letters to home sellers from buyers may seem innocent enough, however, they pose a very real legal threat. As a real estate professional, you must steer your clients clear of using love letters during the buying and selling process. Useful Resources: Here are some resources to get you started. Use these to educate yourself and to provide …

How to be a Fair Housing decoder

Uncovering Bias to Interrupt Fair Housing Inequities

Lee Davenport, Ph.D Fair Housing 4 Comments

By Lee Davenport Have you noticed from shows like “The Tinder Swindler,” “Dateline,” “Snapped,” and the ID channel that abiding by the law is not automatic or even intuitive for everyone? It’s April, but our mommas did not raise any fools—we understand that this very important factoid impacts all aspects of life. Real talk: just because laws are in place …

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Does Home Maintenance Deter Millennials?

Blog Contributor Buyers, consumers, Customer Service, Homeownership Education & Counseling 3 Comments

By Barbara Ballinger Millennials are buying houses—many for the first time—and in doing so they’re learning that houses require maintenance, which can often be pricey. These days, repairs can also be a challenge if the homeowners are not handy since contractors can be as scarce as the houses in some communities. Puronics, a Livermore, Calif.-based company that develops pure water …

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Renting and Buying: New Trends Emerge Among High-Earning Millennials

Blog Contributor Buyers, Working with Clients 2 Comments

By Barbara Ballinger Many millennials are ready to buy a single-family home and all it entails, but some found themselves shut out of the market over the past year, according to a recent analysis of 5.9 million rental applications conducted by RentCafe, a national Internet listing service that helps renters find apartments and houses. After not being able to purchase …

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Millennial Movement in the Market

Blog Contributor Buyers, Working with Clients Leave a Comment

By Rogers Healy There’s a new generation ruling the housing market and it’s no longer the baby boomers. Forbes reports that about half of home buyers are under the age of 36, and about half of sellers are under the age of 41. And, according to the National Association of REALTORS® 2021 Profiles of Home Buyers and Sellers, the median …