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Is Owning a Home Still the Dream for Young Buyers?

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  Is Owning a Home Still the American Dream for Younger Buyers? Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent  survey  by  Bankrate , people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today ( see graph below ):   In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations? A recent  survey  by  1000watt  dives into how the two generations many people believed would be the renter generations (Gen Z and millennials) feel about homeownership. Specifically, it asks if they want to buy a home in the future. The resounding answer is yes ( see graph below ): While there are plenty of reasons why someone might pre...

Home Price Growth Stabilizing

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  Home Price Growth Is Returning to Normal [INFOGRAPHIC] Some Highlights If you're wondering what’s happening with  home prices , know they’re still  rising , just at a slower pace – and that’s perfectly normal for this time of year.   Based on  typical seasonality  in the market,  prices  go up most in the spring during the peak buying season, and then price growth slows down as the year goes on. Home prices aren’t falling. They’re just rising slower and going  back to normal  seasonal trends. That’s a good thing. If you're curious about prices in our area, let’s connect.