Millennials Are Buying Homes Because of Their Dogs – Not Their Children or Marriages

It’s no secret that millennials love dogs and now their four-legged friends are starting to influence the decisions they make about housing. A recent survey by SunTrust Mortgage found that a third of millennials who had already purchased their first home said they were influenced by the need to have space for a dog. The survey asked recent home buyers why they were buying their first home and their dog was the third most commonly cited reason, coming above children and marriage. Only more living space and the opportunity to…

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Most Common Home Buyer’s Regret

Remorse is a common feeling during home buying. For a first-time home buyer, pitfalls trap for those unprepared. Fortunately, there are many things you can learn from making mistakes. Far too many buyers fall in love on a home only to realize after moving in that they overlooked something major often leading to buyer’s remorse. Although some may still be happy with the purchase overall, there are definitely a few things they wish they would have done differently. But as we often hear, you live and you learn. Let’s look at the most common traps first-time home buyers fall into. Trying to…

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Know What To Look For When Buying A Home

Home Problems You Shouldn’t Ignore Home ownership is most people’s dream come true. Often, home buyers find themselves overwhelmed by the process of buying a home and overlook many of the telltale signs that a home might not be all they think it is. More specifically, in these days of  internet and ‘virtual tours‘, people are tempted to make an offer, simply by what they see on a realtor’s website. This is a big mistake, as you only get to see the positive aspects of the home. It will always be good practice…

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Spring Rebound To Follow Slow 1st Quarter

Spring Rebound To Follow Slow 1st Quarter

U.S. home sales spring rebound signals strong selling season suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter. Both the housing market and broader economy showed weakness amid harsh winter weather and global economic uncertainty. But also like last year, Fannie Mae’s Economic & Strategic Research Group says economic growth should rebound in the spring and continue to grow through the remainder of the year. Doug Duncan, Fannie Mae’s chief economist, says an uptick in hours worked and average hourly earnings should…

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