Researchers estimate that around 68 percent of the population will live in urban areas by the year 2050. The population has been on an upward shift from rural to urban areas for decades. The human population is growing and creating a bigger need for urban living spaces. The good news is, there are lots of conveniences to living in the big city. You’ll be close to public transit, have access to more eating and entertainment venues, and gain faster and more reliable internet access.
However, there are also some additional challenges to buying a home in a big city versus a small town that home buyers must consider. It’s important to weigh the pros and cons before [...]
As we enter the fall sales season, fundamental changes are underway in many housing markets. According to the most recent existing home sales reports from the National Association of Realtors, after three years of shrinking supplies of homes for sale and rapidly rising home prices, the inventory crisis is waning and prices are leveling off.
One reason for the change in direction is lagging demand. Existing home sales fell below last year’s levels in April, May, June, and July―the heart of the home-buying season. Price hikes generated by shortages of inventory have outpaced incomes and put buying a home beyond the reach of hundreds of thousands of potential first-time [...]
As a dog owner, you likely place your pup’s needs right up there with your own. If this is the case, then choosing a new home shouldn’t be an exception. In fact, several studies show that people are placing more and more importance on the happiness and safety of their dogs when it comes to home buying. An article by Time cites a study conducted by SunTrust Mortgage that found that one-third of millennials purchased homes strictly based on their pet ownership.
When purchasing a home with your dog in mind, there are a few factors to remember. In addition to finding a home with enough [...]