Home values have been increasing for 92 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.
The post How Buyers Can Win By Downsizing in 2020 appeared first on Keeping Current Matters.
Did you know that 1 in 6 Americans currently live in a multigenerational household?
The post 5 Reasons to Consider Living in a Multigenerational Home appeared first on Keeping Current Matters.
Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,
"Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the senior citizens who mean so much to our land.”
The post Seniors Are on the Move in the Real Estate Market appeared first on Keeping Current Matters.
As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average age in the U.S. is 78 years old! As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family.
The post Multigenerational Homes Are on the Rise appeared first on Keeping Current Matters.
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.
