Uncategorized

Generational Insights: Millennials Lead in Home Buying Buying and Selling Differences and Similarities Across Generations For the fifth consecutive year, Millennials were the largest and most active generational group of home buyers, at 36%. Of these buyers, 65% were also first-time home buyers, with the Home Buyers and Sellers Generational Trends Report from the National Association of…

Prepaid Property Tax Debate Undecided By Liz Dominguez Share This Post Now! Just a few days shy from the 2018 tax deadline on April 17, and controversy surrounding the new tax law—the Tax Cuts and Jobs Act—is leaving multitudes of homeowners uncertain about whether they should claim their prepaid property tax deductions. The new law…

Trade Concerns Unwarranted? Chinese Foreign Investment in Real Estate to Remain on Track By Liz Dominguez Share This Post Now! Fears over a growing trade war between the U.S. and China have been escalating over the past month, prompted by President Trump’s plans to impose a tax on steel and aluminum from China and other…

6 Tax Breaks for Pet Owners You Can Actually Get By Beverly Bird Share This Post Now! (TNS)—You love your pet—he’s like your child, after all—but the IRS doesn’t quite see it that way. The IRS takes the position that the money you spend on Fido or Fluffy is generally a personal expense. Your pet…

Millennials Prep for Price, Rate Rises By Suzanne De Vita Share This Post Now! Mortgage rates are rising—and millennials are noticing. Ninety-two percent of home-buying millennials in a realtor.com® survey believe higher interest rates will have an impact on their purchase, including a change in desired location, price range and/or square footage. Other generations are not…

Everyone Wins Share This Post Now! In the following interview, Tom Gale, GRI, CRS, leader of Team Gale with Coldwell Banker Sea Coast Advantage in North Carolina, discusses adapting his model, operations, and more. Years in Real Estate: 12 Region Served: Wilmington, Hampstead, Leland, Wrightsville, Kure, Topsail Beaches and Surf City, N.C. Team Members: 11 agents and…

Buyers Have High Hopes for Spring By Suzanne De Vita Share This Post Now! Getting Equipped to Win Buyers are flocking to the market this spring, with high hopes even as they face a frenzy of multiple-offer situations, according to new realtor.com® research. Currently, inventory is down 8.5 percent year-over-year. In addition to the buyers out…

Pending Home Sales Spring Up By RISMedia Staff Pending Home Sales Spring Up Share This Post Now! February’s pending home sales sprang up 3.1 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). All four of the major regions in the U.S. experienced higher sales, with the Northeast garnering 10.3 percent…

Measuring the Millennial Impact Tim Evanko March 20, 2018 This article was first published in the Appraisal Buzz Magazine. The average age of today’s first-time home buyer is 30 years old, which means they fall within the ubiquitous millennial age bracket. The mortgage lending industry has already begun to feel the pressures of a generation with expectations…

Fannie: Economy to Roar on Stimulus By Suzanne De Vita Fannie: Economy to Roar on Stimulus Share This Post Now! The economy is expected to grow at a full-bodied pace for the year, and boosted further by the stimulus, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook…