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Demographics

Advice for First-Generation Homebuyers

December 15, 2021 by Rogers Neighborhood Realty

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and ... » Learn More about Advice for First-Generation Homebuyers

Filed Under: Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials

Retirement May Be Changing What You Need in a Home

November 18, 2021 by Rogers Neighborhood Realty

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement ... » Learn More about Retirement May Be Changing What You Need in a Home

Filed Under: Baby Boomers, Demographics, For Buyers, For Sellers, Senior Market

Is a 20% Down Payment Really Necessary To Purchase a Home?

September 22, 2021 by Rogers Neighborhood Realty

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is ... » Learn More about Is a 20% Down Payment Really Necessary To Purchase a Home?

Filed Under: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials

More Young People Are Buying Homes

August 19, 2021 by Rogers Neighborhood Realty

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off ... » Learn More about More Young People Are Buying Homes

Filed Under: Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy

The Truths Young Homebuyers Need To Hear

July 8, 2021 by Rogers Neighborhood Realty

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated ... » Learn More about The Truths Young Homebuyers Need To Hear

Filed Under: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy

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