Home Ownership Is Within More Americans' Reach

Home Ownership Is Within More Americans' Reach

Younger Generations Rate Home Ownership Higher

DAILY REAL ESTATE NEWS 

Younger Americans place more importance and hold more favorable views toward home ownership than older generations, according to a new survey from Prudential Real Estate of about 5,000 potential buyers and sellers. 

About 77 percent of those aged 25-34 and 78 percent of those aged 35 to 44 rate home ownership as “very important.” The millennials and Generation X age group represent the ages between 25 and 44. 

“Millennials and Generation X — about 85 million people strong — face a unique opportunity in U.S. housing,” says Earl Lee, president of Prudential Real Estate. “They are generally optimistic about home ownership and, by nature, share a strong sense of community. As important, many were not impacted by the real estate downturn and are looking at today’s buying opportunities with keen interest.” 

Seventy-four percent of all survey respondents say that interest rates at historically low levels make it a great time to purchase a home. The primary drivers for owning a home, according to the survey, were for more control over space, safety, and as an investment. 

Still, consumers are cautious about the real estate process. Sixty-two percent of respondents say that obtaining financing is more challenging, and 72 percent say that having a trusted partner as a reliable source of information is important to them. 

“It’s been a tough road but the momentum we are seeing across the economy and real estate market appears sustainable,” says Stephen Phillips, chief operating officer for HSF Affiliates LLC. “Real estate agents have a real opportunity to develop new relations with a younger generation ready to invest in a home, and with others who are returning to the market thanks to improving conditions.”

I don't understand why Cupid was chosen to represent Valentine's Day.  When I think about romance, the last thing on my mind is a short, chubby toddler coming at me with a weapon.

Very excited today as we have been working and blogging and marketing to get our names out there!! My partner and I have made a HUGE business move and switched from the traditional Real Estate office setting to a Keller Williams that was coming into this area!  Best decision we ever made...well...thus far! LOL! This company is not only giving us the tools and extra training to swim with the big fish out here at Lake Wallenpaupack, but they are assisting us every step of the way! As we have been restarting from scratch...as you know...when you leave a company you typically leave pretty much all of your business aside from past clients that you keep in touch with behind...I am happy to see that the websites my partner has been building for us are coming up #1 on the Google searches!!! I am setting the bar high for us as far as goals because I feel that the higher we reach, the more we will succeed! Please share our information and know that every client, regardless of location, price, vacation/primary, etc...is treated as if they are the only ones we have and let our efforts and achievements so far show that we are going to work harder than any others to make certain that every experience is better than the next.

www.homesofhawley.com
www.homesofmasthope.com
www.welovemasthope.org

Ski Day!

Turning out to be a beautiful day here at the lake!  School is closed again!  The roads are good.  The weather is getting warmer. It's a perfect day for winter play and skiing at Big Bear! Masthope homeowners ski for free!!! 

New Band!!! Up and Coming!!! Check them out!

Click Here!!! Hot New Up and Coming!!!


Check out this new band!!!! Ready to shake up the area!!!! Collage!