I wanted to share the below 7 Takeaways from last month’s Housing Market from the Indiana Association of Realtors.
If you are considering making a move this year, we are seeing some positive trends as we head into Spring. I am a phone call / text (317 625-0655) away to talk specifics.
For the full report, Click Here to download “Seven Takeaways from January 2023”
Boy, is that ❄️snow coming down. I hope you are enjoying it from the inside of your home. I have had a few questions from clients on how Seller Concessions work, so I wanted to share some details on how it can benefit both the Seller and the Buyer, esp in times like this.
What Are Seller Concessions
Seller concessions are closing costs that the Seller has agreed to pay
Benefits for the Buyer
Benefits for the Seller
Want to hear more? Drop me a line (or text) at (317) 625-0655, and I will connect you with one of our trusted financing partners. Or head to our website. Knowledge is key!
Almost 25% of Millennials (ages 26-41) claim they plan on renting forever, according to this Apartment List article. That’s nearly double the amount since they started their ongoing survey of 31,000 Millennials in 2018.
In the grand scheme of things, 1 in 4 Millennials swearing off homeownership forever isn’t earth-shattering news. To put things in perspective, the highest rate of homeownership ever was 80% in North Dakota back in 1900. But generally speaking, the homeownership rate has hovered in the 65% range nationally for almost 5 decades. Some people will always be renters; homeownership isn’t for everyone.
There are four main reasons they give for not buying:
• They feel it’s financially risky (19%)
• Don’t want the costs of maintaining a home (30%)
• They like the flexibility renting allows (28%)
• Can’t afford to buy a house (77%)
Call me to discuss your specifics. It may be the right time for you now!
