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Mortgages Are Going to the Dogs

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Real Estate Broker/Owner with MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living 272617

Don't you just love a headline that catches your attention? 

You're already thinking crazy thoughts...I can hear them from here!

  • Lenders are starting to do crazy things again?
  • Interest rates going up and Buyers can't qualify for as much?
  • A particular lender has not followed up and a deal is looking bad?

Well, it's actually good news! 

SunTrust Mortgage conducted an online- survey among 412 U.S. adults ages 18-36, among whom 248 purchased their first home and 135 have never purchased a home. 

33% of Millennial-aged Americans said better space or a yard for a dog influenced their decision to buy a home! 

Now before you think "How CRAZY is THAT?" know that 66% of them wanted more living space. 

Hop on over and read the rest of our post

Mortgages Are Going to the Dogs!

 

 

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Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

That's great news!

33% of Millennial-aged Americans said better space or a yard for a dog influenced their decision to buy a home! 

Aug 28, 2017 07:10 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Funny, you talk about rates going up and I just read a blog last week that rates were at the lowest they have been in a while.

Aug 28, 2017 07:18 AM
Thom Abbott

William Feela I didn't talk about rates going up...just a potential "thought" that a reader could have when they read the headline. Indeed rates are still incredibly low...and this is the time to buy. Now to just find the place!

Aug 28, 2017 10:39 AM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

It's not just dogs either.  I see so many people attached to their pets.  And I'm working with a buyer now who is having a hard time finding a rental that will take his cats, so off we go to buy.

Aug 28, 2017 09:04 AM
Thom Abbott

Chris Ann Cleland ....well...ya got a Buyer!


 

Aug 28, 2017 10:39 AM
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Thom very clever post!  Love it!  Most of our clients have pets and we always keep them in mind for sure.  Just sold a home yesterday and while it at a Doggie door it wasn't big enough for their 110 'pup'!! Simple enough fix!!

Aug 28, 2017 11:02 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I was first licensed as a Realtor in 1981.  Interest rates were 18 1/2%, the historical high for the nation.  The low rates of recent years have been a gift.  They can't last forever.

Aug 28, 2017 04:11 PM
Thom Abbott

Myrl Jeffcoat ...the subject was about millennials buying homes because of dogs, not interest rates?

Aug 28, 2017 07:22 PM
Gary 'Banana' Houghtaling
Phoenix Property Shoppe - Phoenix, AZ
Phoenix Real Estate Agent

Hi Thom, Anna were just talking about how so many clients love their pets and build their homes around them.

Aug 28, 2017 05:29 PM
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