Real Estate Decoded

I thought they all still lived at home? Turns out our vision of millennials may be changing. Some of them, after all, are 35 years old. More and more we are hearing about Millennials and how traditional and optimistic they are. It is refreshing to see a younger crowd that believes in homeownership. Maybe they are not all wanting to live in a rented 500 square foot apartment after all. Here is an article that was written this year by:  Eric Rosenbaum  of CNN Millennial money myths: The truth about homes, cars and ownership Eric Rosenbaum When it comes to trying to get inside the head of millennials, don't buy the buzz about the "don't own" economy. The success of start-ups like Netflix, Spotify and Uber have led to predictions that future Americans will choose not to own and drastically shape the future consumer society. But when it comes to big purchases — the kind that can be very good or very bad financial decisions — millennials are not that di

The 5 Phases of emotions when buying a home go something like this... Stage 1: “We are so excited!!!” You are past the part where you figure out how much home you can afford and now it is time to shop! The budget and the money are all set.  While you’re busy on Instagram and Pinterest feeling euphoric and there are sugar gumdrops all over the place in your head. Stage 2: “Wait...this is a lot to think about.” Unfortunately, there’s a lot of deciding involved with buying a home. In a market like ours you have figured this out fast!  All of a sudden you feel like you’re drowning in decisions and to do lists!  Buying your first home is feeling intense. Stage 3: “We are the happy hunters” With help from your real estate broker, you are making a lot of progress. You are seeing some homes you like and things are feeling a lot less overwhelming as you now have a guide to lean on and ask questions. Stage 4/5: The Freak Out and The Feet up. Everyone freaks out.