- ‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau.
- According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.
- More and more ‘Old Millennials’ (25-36 year olds) are realizing that homeownership is within their reach now!
Process of Buying a House
Make Sure Your First Home Has These 4 Things
Finding the right starter home can be quite a journey, it can also be emotionally exhausting. You have to establish what you’re looking for, needs versus wants. Consider pricing and narrow in on the right home for you. Remember though, if this is your first home it doesn’t have to be your one and only home. There will always be plausible ways to upgrade down the line and find different features that make a big difference. Process of Buying a House
Regardless of the home to finally settle on though, there are certain features you’ll want to make sure are there. So here we will discuss those features and exactly why you’ll want them. Pools and other attractive features are a wonderful bonus but they should probably take a back seat when it comes to the top four considerations to make. Read more from: Make Sure Your First Home Has These 4 Things Process of Buying a House
5 Reasons Why A Condo Makes A Great First Home
Renting may be a more popular choice for millennials who simply can’t afford to spring for a home, but with rental costs gradually increasing is it still the better choice than opting for homeownership?
Zillow research claims that rent has significantly grown at about two times the speed of wages. At the same time, home buying benefits like home values that retain their pre-recession prices and very low mortgage interest rates have been consistent in almost all areas. Process of Buying a House a First Home
Are you still doubting your financial capability to buy a house of your own? If you have a good credit and a modest entry-level income, then you might be able to afford a condo. Tools such as an affordability calculator can help you understand which condo price ranges are suited for you and your salary.
So, are you excited to commit to a new place you can call home? Here are 5 more reasons why investing in a condo is a great choice for your first home: Continue reading keithkreis.com/real-estate-blog/5-reasons-why-a-condo-makes-a-great-first-home
HOMES FOR SALE IN PLAINFIELD
Plainfield is a village in Will County, Illinois, United States. The US Census Bureau estimates the population at 41,734 as of 2013.
The village includes land in Plainfield and Wheatland townships. Part of Plainfield is located in Kendall County (Na-Au-Say and Oswego townships). With the growth in the Chicago suburbs in the 1990s and 2000s, the village has seen a population increase, from 4,500 in 1990 to 28,000 in 2000 to over 37,000 in 2007.
The village has established a community Preservation Commission and historic preservation ordinance. It is the home of the Lake Renwick Preserve, a county forest preserve used for birdwatching and other activities. From Wikipedia Process of Buying a House
If you are interested to BuyHome in Plainfield contact Keith Kreis
Read Directly from the page link: http://keithkreis.com/plainfield-homes-for-sale/