Tag - housingmarket

Go Big AND Go Home: Jumbo Loans are Back

High Cost conforming and jumbo home loans are back. Homeowners wanting to buy homes over $453,100 now have more options. Find this image on blog.phmc.com

Up until recently, home buyers looking to buy a home in more expensive areas were left in limbo. Here’s why: Lenders had tightened the requirements on jumbo loan options making it hard to qualify for, or they did not offer them at all.  Other loan options (conforming and/or government) were also not ideal for their needs even if they...

Ready or Not, Here They Come

Ready or Not, Here They Come

The term “Millennial” seems to be the topic of conversation lately, and frankly, we have to get used to it. Millennials are about to be more than just a buzzword. This massive generation of approximately 80 million is about to take over the housing market. Much is to blame for the Millennials’ delay in joining the housing market: student...

Are you the 21%, 37%, 18%, or Other?

Generations Chart

Age IS just a number. The Millennial generation is not the only one partaking in real estate. The National Association of Realtors® (NAR) released a new report that illustrates how each generation affects real estate in multiple ways, but are each generations’ wants and needs in a home similar or different? With more Millennials ready...

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