According to a recent study 27% of consumers are NOT planning to purchase a home in the next 5-10 years. That’s an 8% increase from 2016 and the largest increase in recent years.
Among millennials who have never purchased a home, 42% say that their dog – or the desire to have one – is a key factor in their desire to buy a home in the future, suggesting dogs will also influence purchase decisions of potential first-time home buyers.
What are the fastest growing suburbs in the US?
New home sales prices are increasing, and the pace of new home sales are showing signs of slowing in the four largest homebuilding markets in Texas, but total new home sales remain solid, according to the HomesUSA.com® New Homes Sales Index and other new home sales data released today. The rate of new home sales in[Read more…]
What trends are catering to the newest generation of homeowners & how are homebuilders changing to meet their needs?
A new study from The University of Texas at Austin and the U.S. Green Building Council (USGBC) found that new homes built to a LEED standard for energy-efficiency are worth more in resale value than homes without green features. “The Value of LEED Homes in the Texas Real Estate Market: A Statistical Analysis of Resale[Read more…]
There’s no shortage of articles and information written about the Millennial generation. This much hyped and scrutinized demographic have a unique influence on just about all aspects of life, but perhaps none more surprising than the re-urbanization happening across the country. Currently more than 80% of the US population resides in urban areas, up from 50% in the 1920’s and 66% in the 1960’s. The urbanization of America has always been a gradual process but now it’s accelerating faster than ever.
Advisory HQ names Ben Caballero in Top 6 Best Real Estate Agents