Millennials | David M. Floyd

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...

Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

by David Floyd | Aug 22, 2018 | Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers

You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a...

Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

by David Floyd | Aug 15, 2018 | First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers

It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district...

The Wave of Millennial Homebuyers Continues to Swell

by David Floyd | Aug 8, 2018 | First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married,...