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#claudia #realtyonegroup #bringingresults #bilingual #newlisting #horsethief #$429,000 #corona #seeyouatthetop https://www.instagram.com/p/Btm19pLnqx8/?utm_source=ig_tumblr_share&igshid=1gbx5us9s9xee
Call 949-278-4496 #claudia #realtyonegroup #buyers #sellers #bringingresults #oc #la #ie https://www.instagram.com/p/BsqxgARnafM/?utm_source=ig_tumblr_share&igshid=nkaje167q9fs
Buying a Home Young is the Key to Building Wealth Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults. Half the older adults in our sample bought their first house when they were between 25 and 34 years old, and 27 percent bought their first home before age 25.” The full breakdown is in the chart below: Buying a Home Young is the Key to Building Wealth | MyKCM The study goes on to show the impact of purchasing a home at an early age. Those who purchased their first homes when they were younger than 25 had an average of $10,000 left on their mortgage at age 60. The 50% of buyers who purchased in their mid-twenties and early-30s had close to $50,000 left, but traditionally had purchased more expensive homes. Buying a Home Young is the Key to Building Wealth | MyKCM Many housing experts are concerned that the homeownership rate amongst millennials, those 18-34, is much lower than previous generations in the same age range. The study results gave a great reason why this generation should consider buying instead of signing a renewal on their lease: “As people age into retirement, they rely more heavily on their wealth rather than their income to support their lifestyles. Today’s young adults are failing to build housing wealth, the largest single source of wealth, at the same rate as previous generations. While people make the choice to own or rent that suits them at a given point, maybe more young adults should take into account the long-term consequences of renting when homeownership is an option.” #bringingresults #buyers #sellers #realtyonegroup #oc #la #ie #claudia #seeyouatthetop https://www.instagram.com/p/BsqxLVcHTuR/?utm_source=ig_tumblr_share&igshid=181xtyzza5mky
Sold 1 day. 1117 E 9th St Pomona Ca 91766 Offering 3 bedroom,1 bathroom, SQFT 909, lot 19,439, Blt 1924 $435,000 Sellers & Buyers ready to help you in your real estate needs in your area #getequity #bringingresults #call #claudia #stern #seeyouontop #billionaires #realtyonegroup #bringingresults #getequity #call #freehomevalue #knowyourhomevalue #ready #amhere #now
First-Time Home Buyers Continue to Put Down Less Than 6% According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers and 54% of all buyers put less than 20% down. Ralph McLaughlin, Chief Economist and Founder of Veritas Urbis Economics, recently shed light on why buyer demand has remained strong, “The fact that we now have four consecutive quarters where owner households increased while renters households fell is a strong sign households are making the switch from renting to buying. Households under 35 – which represent the largest potential pool of new homeowners in the U.S. – have shown some of the largest gains. While they only make up a third of all homebuyers, the steady uptick in their homeownership rate over the past year suggests their enormous purchasing power may be finally coming to [the] housing market.” It’s no surprise that with rents rising, more and more first-time buyers are taking advantage of low-down-payment mortgage options to secure their monthly housing costs and finally attain their dream homes. http://bit.ly/2zLoBnw #buyers #sellers #downlessthsn6% #71%canbuy #realtyonegroup #bringingresults #seeyouontop #claudia #stern #billionaires #callnow #helpingfamilies #leases #propertymanagment #teamworkingforyou
Cost Across Time [INFOGRAPHIC] With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! Lock in a low rate now while you can! #rates #sellers #buyers #realtor #claudia #stern #bringingresults #now #call #getequity
The #1 Reason to List Your House for Sale NOW! If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory: “Inventory coming onto the market during this year’s spring buying season – as evidenced again by last month’s weak reading – was not even close to being enough to satisfy demand. That is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many parts of the country.” The latest Existing Home Sales Report shows that there is currently a 4.1-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 6.1% lower than last year’s inventory level. The chart below details the year-over-year inventory shortages experienced over the last 12 months: The #1 Reason to List Your House for Sale NOW! #listnow #bringingresults #seeyouontop #sellers #buyers #claudia #stern #billionaires #realtyonegroup #callnow
Cost Across Time [INFOGRAPHIC] With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! Lock in a low rate now while you can! #rates #sellers #buyers #realtor #claudia #stern #bringingresults #now #call #getequity