by Jason Richardson | Nov 3, 2020 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Millennials
Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts will try to measure the impact feasible...
by Jason Richardson | Feb 12, 2020 | Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See...
![Where Homebuyers Are Heading By Generation [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2020/01/20200117-KCM-Share-549x300-1.jpg)
by Jason Richardson | Jan 18, 2020 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Infographics, Millennials, Pricing
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have...
![Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2019/12/20191206-KCM-549x300.jpg)
by Jason Richardson | Dec 9, 2019 | First Time Home Buyers, Infographics, Millennials
Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market,...
by Jason Richardson | Oct 15, 2019 | Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers
Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later....
by Jason Richardson | Aug 6, 2019 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers, Rent vs. Buy
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.” He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in...
