millennials

The Discouraging Time of the Year for Buyers

We’re in the discouraging time of the real estate year, as buyer’s agents. April and May are the peak months for competition among buyers for properties for sale. In other words, bidding war season. There are bidding wars all year, but more so in the spring. As properties are coming onto the market (which began

By Rona|2023-05-02T11:36:12-04:00May 3rd, 2023|Categories: House Hunting, Mortgage matters|Tags: bidding wars, gen z, millennials, mortgage contingency, Spring 2023, waiving home inspection, wealth|

Debunking myths about the current housing market

“…according to the National Association of Realtors, homeownership rates among those 35 and younger is 36%--the lowest level since 1982…” NAR is concerned that this figure is so low. Nationally, it may be unusually low. They say there are myths making this so. I think there are good reasons for it. Entry level housing is