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Is a 20% Down Payment Really Necessary To Purchase a Home?

by Troy Jones | Sep 22, 2021 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the...

More Young People Are Buying Homes

by Troy Jones | Aug 19, 2021 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains...

The Truths Young Homebuyers Need To Hear

by Troy Jones | Jul 7, 2021 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k...

Knowledge Is Power on the Path to Homeownership

by Troy Jones | Dec 1, 2020 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials

Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers...

Buyer Interest Is Growing among Younger Generations

by Troy Jones | Oct 28, 2020 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is...
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