Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.
The post Are Older Generations Really Not Selling Their Homes? appeared first on Keeping Current Matters.
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving.
The post What Would Make You Sell Your House? appeared first on Keeping Current Matters.
There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate.
The post New Study Reveals One Surprising Reason for the Inventory Shortage appeared first on Keeping Current Matters.
Study after study shows that no matter what generation American’s belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.)
The post Why Homeownership Matters Now More Than Ever appeared first on Keeping Current Matters.
Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate.
The post Buying A Vacation Property? Now Is A Good Time! appeared first on Keeping Current Matters.
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016.
The post Homeowners Aged 65+ Have 48x More Net Worth Than Renters appeared first on Keeping Current Matters.
According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.
