55+ Communities Increasingly Popular with Homebuyers – Particularly in Florida
Across the country, a growing number of Americans in their mid-50s are discovering that their future lies in communities built with them in mind.
These are Active Adult developments, also known as 55-Plus communities. They’re rapidly growing in popularity, particularly in Florida, which has become the ideal location for these communities.
That’s a key reason why Active Adult communities got created. 55+…
As large cities like San Francisco, Los Angeles, Boston and New York have become extremely expensive, a growing trend in the real estate market today has been the migration of home buyers to medium-sized cities. A growing number of young people, families and Millennials are shunning the high cost of these metropolitan giants and instead relocating to smaller cities where there’s lots to do and they are considerably more affordable.
As the home buying season kicks into high gear, there’s good news for people looking to buy a home for the first time.
Fannie Mae and Freddie Mac, the government-sponsored mortgage associations, are introducing new rules -- and changing others -- in order to make it easier for first time home buyers to get into the housing market.
These changes push new homes for sale in Orlando. Many of these changes were made with students and millennials in mind.
The team at AV Homes specialize i…
Top Trends in Real Estate in 2017: Millennials and Boomers lead the way
As the summer home buying season kicks off with Memorial Day Weekend, several reports from leaders in the real estate industry indicate the U.S. housing market should remain very strong this summer – and it will be Millennials and Baby Boomers leading the way.
Realtor.com had its economic data team come up with the top housing trends for the rest of 2017, and their data suggests Millennials will make up a significant…