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Will You Be Buying a Home in Sarasota This Year?
Will You Be Buying a Home In Sarasota This Year?59 Million People Will Be Entering the Housing Market in 2017 According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52) Minorities were twice as likely to respond that they were considering purchasing a home this year. Many potential buyers believe they need to put 20% down and need to have perfect credit to own and are unaware of programs that would allow them to buy now. Holden Lewis, a mortgage analyst for Bankrate.com, pointed to one big reason why many Americans are starting to consider homeownership:“Having kids and raising a family is a primary reason why Americans take the leap into homeownership—many consider it a key component of the American dream.” Bottom Line If buying a home is a part of your dream for 2017, let’s get together to determine if you are able to so and we can help ... more

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