PTC-Computer-Solutions-Parker-Associates-blog-April-2019-Tightening-Mortgages-Making-It-Difficult

First Time Homebuyers Finding It Tough

Tightening Mortgages Making It Difficult Kiplinger reports that the first time homebuyers are having more difficulties with getting mortgages. They also report that Investors are giving some push back on stocks that lack key components. But if you already have all you need to invest in your new home look no further than Barrie Real Estate. It is also best to invest on this twtr stock buy or sell here! Why not check out for more info. First Timers A first time home buyer will usually have a tougher time getting a mortgage if they don’t ask mortgage solutions financial about usda loans, fha loans, va loans and all the […]

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Millennials Believing in the American Dream

A recent 2018 Bank of the West study dealing with the buying habits of millennials indicates the equity-shy demographic is now turning to real estate as the cornerstone of their investment portfolio. Homeownership is emerging as the most popular ingredient of their American Dream (56%), followed by debt pay-off, and the goal of a comfortable, early retirement (49%) as the second and third most critical components. The study shows how millennials’ desire to own a home is pushing some to risk their other goals by taking on mortgages, with one in four say that they are willing to withdraw or borrow against retirement funds to finance down payments for a […]

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Young Adults Are Buying Homes

Homeownership Among Millennials Expected to Rise According to a recent Bloomberg report, homeownership amongst the younger adults is expected to rise over the coming decade.  The “American Dream” could be on the verge of a rebound for some. The number of young Americans buying single family homes will probably increase over the next decade to close to 60 percent from below 40 percent in 2016 as their incomes increase and they start families, according to Freddie Mac estimates. The data track two cohorts: Americans who were between the ages of 25-34 in 2016 and those who will be in that age group in 2025. To help you locate and view […]

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Millennials are Buying … But, Where?

Homeownership rates are on the decline for all age groups across the country, data from the U.S. Census Bureau shows. This trend is particularly pronounced for millennials, whose homeownership rates dropped from 42% in 2006 to 35% in 2015. With house prices back on the rise, sky-high rents and student loan debt, it’s not surprising that young adults today are struggling to buy their own homes. However in some American cities, millennials are bucking the trend and buying rather than renting. Parker Associates is a company focused on research and data with our expertise in understanding and interpreting the data we gather for our clients.  We focus on ensuring that […]

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