Buying a home sight unseen is nothing new. I’ve sold several homes in the past, to buyers who completed the transaction entirely on-line, by phone and via courier. But in the world of residential Real Estate, that sort of thing has, up until now, been of the ‘few and far between’ variety. Enter Covid 19…. Read More
Millennials
Phoenix Valley Among Top Metro Areas for Millennial-Veteran Home Buyers
I’m detecting a subtle shift in the demographics of home buyers lately, at least among a large segment of my clientele. I frequently handle VA transactions but in recent years my Veteran consumers seem to be younger, indeed many fall into the under 40 category commonly known as Millennials. — — Veterans and Military Members… Read More
Are Higher Rental Costs Prompting More Millennials to Buy Homes?
Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More
Infographic: The Millennial First Time Home Buyer Looks Like This
The closing was earlier this morning. The location is an in-demand community in Chandler, Arizona. The sales price was in the upper $200s, and the first-time home buyers and excited new homeowners, Chris & Tiffany, are Millennials. The above is a common scenario in Arizona’s busy 2018 Spring real estate market, indeed throughout the country… Read More
Does Your Home Talk Tech?
Whose homes are voice activated? It’s more than just Millennials. Many older Americans are employing voice controlled devices to improve their quality of life. Technological conveniences enhance entertainment, comfort, health and safety features in some capacity, in nearly 50% of US households. We talk to our homes and they talk back. Refrigerators compose our grocery… Read More
Infographic, Size Matters: Are You Happy with your Home’s Square Footage?
Square footage isn’t always at the top of the list when you’re buying a home, but as the infographic below illustrates, it probably should be. Trulia conducted a poll surveying folks in several different demographics and the study showed that most people are not content with the size of their home. There are distinct advantages… Read More
Study: Comfort, Safety and Value Motivate Choice of Smart Home Technology
Study: Comfort, Safety and Value Motivate Choice of Smart Home Technologyy There are lots of folks quick to adopt new technology because it’s exciting and amusing; switching phones with every new version, bigger and better TVs, the latest laptops and tablets. But when it comes to smart home tech, homeowners preferences favor security and well-being…. Read More
Is Real Estate Where Millennials Part with OnLine Engagement?
Millennials are known for being bright, quick to adopt, and intent on exploring online interaction opportunities, but according to a well-known financial fitness website, Millennials prefer a solid, face-to-face relationship when it’s time to purchase a home. Millennials are overwhelmingly choosing local Realtors and Mortgage Lenders over the growing uncertainty of online home buying options…. Read More
Building a Home? Do This, Not That
Building a Home? Do This, Not That. Which home designs will yield the best results in terms of lifestyle and value? According to D.C.-area homebuilder, Miller & Smith, the following trends will change the way we occupy our living space. From technology innovations to creative ways to bring the outdoors in, the following do’s and… Read More
Infographic: Millennials are Buying Homes Where?
At number 24, Gilbert appears higher on this list than any other Phoenix Valley city. Completely understandable. Gilbert has built their stellar reputation on superior city management and lots of community involvement. Schools are good. Parks, biking and walking trails are plentiful. Entertainment opportunities are unmatched. Housing prices are slightly higher than most Phoenix Valley… Read More