Home Ownership Rate Increases for the 1st Time Since 2004
The Wall Street Journal just reported that, "the U.S. homeownership rate rose in 2017 for the first time in 13 years, driving by young buyers who overcame rising prices, tight supply and strict lending conditions to purchase their first homes."
Macro trends are always interesting, but what does this mean to us in the real estate and financial industries?
I see a couple of clues in the more general economic data:
An important source of my new business is referrals from clients who have worked with me in the past. I believe that we all have opportunity here by reaching out to our existing relationships and letting them know that we are ready to advise younger buyers and those ready to re-enter the home buying market. Both of these segments are full of people who may have anxiety about the process and a lot of questions about how to make smart buying decisions.
We just sent you an email. Please click the link in the email to confirm your subscription!
OKSubscriptions powered by Strikingly