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 According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America's youth born between 1982-2000, now represent more than one quarter of the nation's population, totaling 83.1 million. Read more here!
Single Females are the second largest demographic
When the air starts turning cold, we begin to think about the new year. What are our goals? What will be different about 2017? According to Realtor.com, some major things will change when it comes to buying a home. Realtor.com released a forecast for the 2017 buying season, and it looks promising for suburban neighborhoods. First-time homebuyers will dramatically increase, and affordability concerns are still on everyone's minds. First up, the summary of the surveys showed an increase of 19% of potential first-time homebuyers in 2017. The surveys in 2015 reported 33% of buyers in 2016 would be first-time, and this year that number increased to over 50%. The preference of housing chosen by first-time homebuyers reflects their concern for budgets, as they prefer townhouses 39% of the time compared to 25% of the overall population. Â While budget concerns mainly affect first-time homebuyers, we are goi...
When you begin to think about buying a home, you may start forming lists in your head of everything you WANT or NEED in your home. When it comes down to it, it's important to know what you're looking for when you start your home search. The first step before you even begin looking for homes is to get pre-approved for your mortgage. This allows you to know your budget before you fall in love with a home that is way outside of it. Next, you can begin to list all the features that will be essential in your future home. You should qualify them as follows:
Whether you're a first-time home buyer or looking for a fixer-upper, there are discounts available for your home buying needs in our region! We are here to help you find them. Check out just a couple below! Davenport NOW Davenport NOW, a city established tax incentive program that launched in July of 2009, provides a rebate for 50% of the City's portion of the taxes for ten years to residents or businesses who build or renovate a home within the City Service area. This rebate is based on the increase in assessed value from construction, and improvements must increase the assessed value of the property by more than $5,000. Davenport NOW was passed to improve economic development, as well as provide more...
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