Category : Millennials

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. […]

by Hilton Head Real Estate Partners August 27, 2016 0 comments

This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors. Here are […]

by Hilton Head Real Estate Partners June 22, 2016 0 comments

Are You Wondering What It Takes To Buy Your First Home? There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think […]

by Hilton Head Real Estate Partners January 20, 2016 0 comments

  Millennials are finally starting to enter the housing market according to a recent report by CoreLogic . Focusing on the annual net change in household formations over the last decade (see graph below), the report shows this is the year that Millennials are finally moving out of their parents’ basements and finding a place of their own; and they are NOT […]

by Hilton Head Real Estate Partners November 06, 2015 0 comments

A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today. 1. Down Payment The survey revealed that consumers overestimate the down payment […]

by Hilton Head Real Estate Partners September 11, 2015 0 comments

There is a plethora of real estate information available today in the news and on the internet. It can be extremely confusing at times. If you are thinking of buying or selling, you need an agent who can help make sense of this rapidly evolving housing market. You need an agent who can help you […]

by Hilton Head Real Estate Partners August 11, 2015 0 comments

Although it is often seen as a long road to afford buying a house, young adults ages 18-34 (millennials) haven’t stopped aspiring to own their first home. Recent research shows that 32% of people aged 18-34 years old are planning to buy a home in the next 12 months, compared to only 21% of those […]

by Hilton Head Real Estate Partners September 05, 2014 0 comments
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