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A flurry of financial obstacles and lifestyle choices are stalling the journey to homeownership for many young adults, but becoming a homeowner is currently more feasible in some less expensive metro areas with steady job growth and lower qualifying incomes needed to buy, according to new research.The study analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas …

Millennials Homebuyers Top Markets Read more »

Red percent sign and a padlock on white surface. Financial concept

Following recent speculations that the Federal Reserve would hike interest rates in June, a weak May job report moved in to dash the chances. The likelihood of a rate hike shrunk down to a measly 4 percent, and experts are saying even the possibility of a hike in July is now slim, due to the bleak job report.Only 38,000 jobs were created in May, a …

No FED Rate Increase In June Read more »

Recent stock market volatility and seasonal trends may give buyers better financial options and more time to make purchase decisions entering the fall. August data remains positive with regard to overall housing health as both demand and supply continue to grow. This year we are seeing inventory continue to grow in August, and while overall demand is strong, the trend in median days on market …

Fluctuating Stock Marketing and Seasonal Shifts Offer Hope for Home Buyers Read more »

After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South. The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.8 percent to …

Pending Home Sales Dip In June Read more »

Opinions on where real estate prices are heading from here might be mixed, but one thing is becoming increasingly clear: Millennials will be a big part of it. According to a recent survey from the National Association of REALTORS® (NAR), the so-called millennial generation—depending who you ask, it’s defined as those born between the early 1980s and late 1990s—comprised the biggest segment of homebuyers across …

The Emergence of Millennials Read more »

mu Earlier this month, a new report about the FAA’s updated regulations on the use of drones in real estate marketing was published, and that brought about one of the most interesting debates among agents and brokers we’ve ever seen. To help put the issue into perspective, Raj Qsar, principal of the Boutique Real Estate Group, Corona del Mar, Calif., conducted a podcast to discuss …

Are Drones The Next Big Thing? Read more »

I have been involved in literally thousands of negotiations over the years. Over that time, I have learned that there are five key factors that play a very large role in determining the success of a negotiation. If at all possible, the buyer and seller should never negotiate directly. Nothing good can come from this! It’s all downside with little potential upside; The less surprises …

5 Key Factors To A Sucessful Negotiation Read more »