Sellers Meet the Borrowers of the Future
Who Is The Borrower of the Future? If you think today’s homebuyers looks like past generations, you haven’t been looking closely. As we wrap up National Homeownership Month, what better time to look at the future of homeownership.
Financial, demographic, technological and cultural forces are dramatically reshaping how people think of themselves, their family and their future. And yet, in the face of these changes, the idea of the American Dream persists: Opportunity. Independence. Prosperity. Pride.
For many, one thing above all symbolizes the American Dream: owning a home. Falling Mortgage Rates Offer Affordability Relief
To best serve the next generation of homeowners — the Borrower of the Future — we're delving into the data and studying the characteristics of different demographics and generations, their views of homeownership and the impact of the technology and innovation.
So, what does the research say?
People are staying at home: With more Millennials now living with their parents than with a spouse, they represent a reservoir of pent-up demand for housing. And although some boomers are downsizing for economic reasons or moving to be closer to family, many are choosing to 'age in place.'
It's clear that the Borrower of the Future is evolving, which is why we're focused on reimagining together to make home possible for generations to come. Through our research and industry collaborations, we're addressing the industry's need to evolve to efficiently and effectively to address new market realities.
Ready to Sell or Buy now is the Time, We have a wealth of information and 18 years of experience to help you get started. Visit us at WWW.PrecisionReal-T.com or if you prefer a more personal touch Call us today at 801 809-9866.
#RealEstateForSale #Homeownership #UtahRealEstate #MortgageRates
Blog Archive2018-12-05 08:02:12
In 2019 Mortgage Payments to Jump 8.4%
Financing for Manufactured Homes Coming
Tale of Dual Markets
Need to Sell Your Home this Winter?
Buyers Pull Away From New-Home Market
Mortgage Loan Limits to Rise in 2019
Home Buyers and Sellers Should Watch in 2019
Townhouse Construction is Expected to Increase
Cities With Oldest, Youngest Homeowners
Overall, December is the Best Time to Buy a Home
Sluggish Home Sales came to an end in October
How to Pet-Proof Your House for the Holiday Guests
10 Great U.S. Ski Towns
A Way to Keep Aging Parents Close to Home
Huge Mistake to Take Your Home Off the Market for the Holidays
Best Mortgage Advice I've Heard, Ever
Tips to Help You Avoid a Rental Scam
Buying a Home?
Mortgage Rates Rise this Week
Cheaper the Home
Building Credit History From Scratch
How to Get a Mortgage Without Freaking Out
Home Prices Are Decelerating Not Falling
First-time Homebuyers Transition from Renting
Click here to see ALL articles.