Housing Market
Did you know that between the ages of 18 and 45, the average American will move five to six times? There are many reasons people move, including wanting to be closer to family, a new school district or a job, or they need a bigger or smaller home.
Buying a home is a major milestone – whether it’s your first home, you’re looking for a bigger space, or you’re downsizing to suit your future needs.
A hallmark of the American Dream is to own your own home. But half of Americans, especially millennials, don’t believe that goal is in reach. That sentiment might be true in your family as well. But what if there was a way you could change that story?
Have you ever been on vacation and thought, “I’d love to live here!”? You may consider it for a moment and then tell yourself all the reasons it won’t work. But what if there was a way you could pull it off?
Does this quote apply to you? If so, you’re not alone. Many people want to move but feel locked-in by their low mortgage rate. It’s difficult to time exactly when things will really shift, there can be a price to pay when you put off your decision to buy or sell.
Every year millions of Americans make the decision to move. The number one reason? The yearning to be closer to family. This desire is often driven by life’s significant milestones such as growing families, weddings, new jobs, and retirements.
As we start a new year, the real estate market is once again shifting. Many experts project that rates will finally start to decline. When that happens, it’s anticipated that there will be an influx of buyers and sellers ready to enter the market.
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