Since 2012, the average price of a home has risen by almost 47%. As a result, affordable housing solutions like manufactured homes may be more suitable for homebuyers looking for a starter home or seeking to downsize. However, misperceptions about quality and a lack of awareness both still remain as obstacles to progress. The newest […]
Young Buyers Pick Small Towns
It’s not just something that happens in Hallmark Christmas movies. Young adults are leaving the big cities behind and opting for smaller towns to call home. More millennials and younger Gen Xers are in search of affordable housing, larger lots, quality schools, and lower costs. And since 2014, an average of about 30,000 residents between […]
Most Pick Owning Over Renting
The American homeowning dream still has its appeal: The nation’s homeownership rate currently sits at 64.2%, according to data from the U.S. Census Bureau. However, there has been a rapid increase in the number of rental homes across the country. The latest survey from LendingTree reveals that while a majority of homeowners think owning a […]
5 Reasons Why Millennial Homeownership Rate is Low
Millennials, born between 1981 and 1997, are less likely to get married than their parents and grandparents, and when they do, it’s often later in life. In 1960, the average age a couple first married was in their early 20s; today, the median age for a first marriage is closer to 30. Millennials are three […]
Pets Driving Purchases
Marriage and having children may be the life events that traditionally have prompted people to transition into home ownership. But for some millennials, the need for more space is particularly tied to their furry friends. A third of recent home buyers ages 18 to 36 say their decision to purchase was based on the desire […]
Aug. 14 CVAR At A Glance
Featured Classes and Events Aug. 14 | CRMLS Training – Free at CVAR East Aug. 15-29 | Free zipForm – Webinars Aug. 15 | Supercharge Your Business workshop Aug. 16 | San Gabriel Valley Power Lunch & Economic Development Ops Aug. 16 | Understanding the RPA Contract – Live Aug. 16 | Understanding the RPA […]
Survey Shows Kitchen Redo Can Lead to Healthier Habits
Many homeowners who remodel their kitchen tend to develop healthier lifestyles, according to the 2017 Houzz Kitchen Trends Survey. Of more than 2,700 homeowners surveyed, 33 percent who completed a kitchen renovation say the project prompted them to cook more meals at home, eat less takeout, and consume more fruits and vegetables. Owners of all […]