Tag - Millennials

8 Real Estate Trends for 2017

8 Real Estate Trends for 2017 | blog.phmc.com

2016 will be written in the history books as _______ (We’ll let you fill in the blank). The Presidential Election, Chicago Cubs winning the World Series, 2016 Olympics, Brexit, Angelina and Brad divorcing… shall we go on? 2016, you will soon be behind us! 👋 For those of you anticipating the New Year, can you guess what real estate trends...

Niche’s 2016 Best Suburbs to Buy a Home

Niche's 2016 Best Suburbs to Buy a Home | blog.phmc.com

MILLENNIALS: Is it true?!  Say it for yourself by taking the poll below: Did you say yes to the burbs? These 11 suburbs have everything you want and need, from affordability to the perfect place to raise a family. Scroll and click each image for details on some of 2016’s best suburbs to purchase your next home! See below to find out how...

IHDA: Your Genie in a Bottle

IHDA: Your Genie in a Bottle | blog.phmc.com

A homeowner’s net worth is expected to be 45X GREATER than a renter. Great news for Illinois residents! Just when you thought you’d never get out of your parents’ house, upgrade to a larger space for the kids, move closer to work, or stop paying someone else’s mortgage with your rent money, there’s a reason for...

Wedding Bells or Door Bells

Wedding Bells or Door Bells

What’s your preference: wedding bells or door bells? How about both? Interestingly enough, in some states within the United States, the average cost of a wedding can actually be equivalent to a 20% down payment. According to Zillow, homeowners typically save between 5%-20% for a down payment of a home. Scroll down to see examples of the average...

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...

What Millennials Want in a Home

What Millennials Want in a Home

“Location, location, location” is commonly heard in real estate. Location is important for multiple reasons: great school systems, safe neighborhoods, accessibility to transportation, convenience  to popular places, etc. Time Money’s video shows that location is also important to Millennial home buyers, but WHY it matters will shock...

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