Millennials | David M. Floyd

Will Your Side Hustle Buy You a House This Year?

by David Floyd | Nov 21, 2018 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials

The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Among millennials with incomes over $100,000 a...

Females Are Making It a Priority to Invest in Real Estate!

by David Floyd | Nov 20, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers

Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the second year in a row, single female buyers accounted...

Still Think You Need 15-20% Down to Buy a Home? Think Again!

by David Floyd | Oct 24, 2018 | Down Payments, First Time Home Buyers, For Buyers, Millennials

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age,...

Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

by David Floyd | Sep 28, 2018 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019....

Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]

by David Floyd | Sep 14, 2018 | First Time Home Buyers, For Buyers, Generation X, Infographics, Millennials

Some Highlights: According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding. Many young couples are saving for a wedding and a home at the same time. The average US wedding now costs...

Homeownership is a Dominant Gene

by David Floyd | Sep 5, 2018 | First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of...