Sentences with phrase «young homebuyers»
The phrase "young homebuyers" refers to people who are part of the younger generation and are purchasing their own houses. Full definition
Saving for a down payment is still one of the biggest barriers to entry for younger homebuyers today.
cnbc.com
The 15 year - fixed rate mortgage is popular among younger homebuyers with sufficient income to meet the higher monthly payments to pay off the house before their children start college.
First, it enables young homebuyers with sufficient income to meet the higher monthly payments to pay off the house before their children start college.
«Most young homebuyers grew up watching their parents spend weekends with their honey - do lists, or they had chores to do on the weekends,» he says.
He believes younger homebuyers, who aim for cheaper mortgage options, will feel the impact the most.
That said, the high average selling prices pose a hurdle for younger homebuyers entering the market for the first time.
However, the good news here is that proper planning and researching for the best mortgage rates through a reliable broker can definitely do the trick for young homebuyers.
In the early stages of the relationship, our associates met with @properties executives to identify its marketing needs and develop story ideas, such as the WGN piece on young homebuyers, that could showcase the company's expertise.
While a 2016 National Association of Home Builders survey discovered living rooms are the third most desired home trait for millennials, the National Association of Realtors reported that an overwhelming majority of young homebuyers are looking for open floor plans.
Younger homebuyers don't want to max out on their mortgage payments, according to a recent TD survey.
More young homebuyers today are unmarried couples — in fact, according to a recent analysis by Zillow, 15 percent of homebuyers aged 24 - 35 are unmarried couples, up 4 percent from 2005.
Predator Ridge hopes that its environmentally friendly approach and emphasis on connecting its homeowners to more outdoor activities than golf alone will also attract younger homebuyers.
«Most young homebuyers laugh at a landline phone, and even if they buy a house that has a jack, it is rarely used,» Cardillo says.
FHA - backed mortgages — a favorite among younger homebuyers who don't have much money saved up for a down payment, and who are willing to pay additional mortgage insurance premiums — are in most cases off limits for borrowers with DTIs exceeding 43 percent.
Better Homes and Gardens Real Estate recognizes this shared generational experience and its effects on young homebuyers.
In order for a baby boomer - dominated industry to corner this emerging market of young homebuyers, it is vital that agents understand and cater to the needs of millennials.
«Young homebuyers with money want professional - quality kitchens, even if they don't use them,» Gibbs points out.
Changes in legislation are pending that will ensure that FHA loans are one of the most popular ways for young homebuyers to get a mortgage in the coming years.
Homeownership was crawling slowly back from its record low two years ago, but it just stalled, and the youngest homebuyers are behind that.
If you are a young homebuyer, who anticipates salary increases in the future, which you believe will allow you to withstand higher mortgage payments and variable - interest rates, then you may choose the adjustable rate mortgage.
The real estate agents of yesteryear led with their local market wisdom, a strategy that remains very relevant, especially in the midst of an ever - increasing «live where you play» mindset among younger homebuyers.
Wisconsin real estate pro Scott Kuesel has noticed that the remodeled rooms have the greatest allure for younger homebuyers.
Younger homebuyers face a mountain of...