By: David Greene at Forbes In 2005, everyone was buying houses. It was common knowledge you were stupid to wait. House prices flourished and loans flowed like drinks at an open bar. Lots of people made money—until they didn’t. In 2009 the music had stopped and people were frantically looking for someone to pass the … Continued
By: Zillow Research A decade after the collapse of the housing market and start of the Great Recession, home values have more than recovered in most of the nation’s largest markets. The markets with the highest gains above the mid-2000s bubble are primarily in the West and Southwest. San Jose – the nation’s … Continued
By: Zillow Research Young, highly-educated millennials earn more than typical American workers (and much more than their non-college-educated peers), make up a growing share of the population in some of the nation’s fastest-growing and most-dynamic cities, and are disproportionately likely to work in well-paid tech jobs. And still, they’re struggling – mightily, in many cases – … Continued
By: Aaron Terrazas at Zillow Research Trying to time the housing market, like trying to time any market, is a bad idea. Even the experts make mistakes, and a home is the most valuable asset that most people will ever own, so it’s especially important not to gamble with it. In the end, the best … Continued
By: Aaron Terrazas at Zillow Research The idyllic, picket-fenced, detached, single-family home in the suburbs remains a mainstream standard of what home ownership should look like. But around the edges, the image of the ideal American home is beginning to evolve, if only slightly. Especially for younger Americans. A decade after the 2008 housing crash … Continued
By: Sarah Mikhitarian at Zillow Research While home shoppers tend to focus on listing prices, owning a home includes a heap of expenses that aren’t included in that sticker price — and they vary considerably by market. Obviously nobody chooses where they live based on how high lawn service costs are, but it’s smart … Continued
By: Aaroan Terrazas at Zillow Research There has been some speculation that young Americans, scarred by the 2008 financial crisis that marked their most-formative years, would be more skeptical of investments in real estate than their older peers. But survey data collected over the past two years as part of the Zillow Housing Aspirations Report … Continued
By: Paul Esajin at Fortune Builder 1) The rely on technology. Millennials are living in a world that is ruled by technology. Answers to even the most obscure questions can be accessed in seconds with a few quick taps of the fingers. This is affecting the way millennials view the home buying process. Millennials are … Continued
By: Leslie Heimer at HousingWire FACT: Nearly half of Millennials (now between the ages of 20 and 37) live in suburbs. FACT: New Home Inventory is low… very low. However, builders are trying to find a way to increase construction of new, entry-level homes to accommodate the growing need. This is good news as … Continued
By: Arren Kimbel-Sannit at The Seattle Times Millennials are buying homes. Never mind the punditry that the plastic straw-hating snowflakes are stuck in overpriced apartments because they keep opening their wallets for $7 avocado toast. They made up 34 percent of American homebuyers in 2017, more than any other age … Continued
By:Matthew Smith at WXYZ The hottest zip codes list has been released by Realtor.com and once again, a Michigan city makes the top-10. Kensington, on the west side of the state, received the top overall rate. That said, metro Detroit has it’s own areas that are starting to heat up and inch … Continued
By: Annalise Frank at Crains Detroit Home prices continue to rise in metro Detroit, but real estate agents aren’t seeing as many of the steep, less stable increases that had made some warry in previous months. The region’s median sale price for houses and condos in August rose 8 … Continued
By: Daniel Bukszpanat CNBC Micahel S. Williamson | The Washington Post | Getty Images There are many large homes in the Indian Village section of Detroit that are far more affordable than they would be in the major hot spots of the United States. The Detroit housing market faces changes as it tries to recover. … Continued
By: Louise Bolger at Amisun It’s true that real estate transactions go more smoothly when homebuyers are paying with all cash. Closing times are shorter, and there is less stress for both buyers and sellers waiting for the inevitable shoe to drop. Loan applications take longer than expected, … Continued
Are you still having trouble selling your home? Do you need cash FAST? Well allow JBD to assist. We offer instant cash solutions to overcome your hardships. We understand the difficulty of selling your home and the stress it may cause you. Facing foreclosures? Covered in bills? Inherited an unwanted property? no … Continued