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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Homeownership is the Top Contributor to Your Net Worth

Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having a ...

October 21st, 2019 | Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Homeownership is the Top Contributor to Your Net Worth

You Need More Than a Guide. You Need a Sherpa

In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one. In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer. We are, however, in anything but a “normal ma...

October 18th, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, You Need More Than a Guide. You Need a Sherpa

Existing-Home Sales Report Indicates Now Is a Great Time to Sell

Based on the current state of the market, trends are shifting in favor of sellers. If you are going to sell, now may be the time to take advantage of the number of buyers who are searching for their dream home. The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Report released by the National Association of Realtors (NAR), reveals that demand for housing continues to be strong, but the supply is struggling to keep pace. With this trend likely continuing throughout 2020, now is a ...

October 16th, 2019 | For Sellers, Housing Market Updates, Existing-Home Sales Report Indicates Now Is a Great Time to Sell

El informe de ventas de casas existentes indica que ahora es un buen momento para vender

Basado en el estado actual del mercado, las tendencias están cambiando a favor de los vendedores. Si usted va a vender, ahora puede ser el momento de aprovechar el número de compradores que están buscando la casa de sus sueños.   El mejor momento para vender cualquier artículo es cuando la demanda esta alta y la oferta de ese artículo es limitado. El último informe de ventas de las casas existentes publicado por la Asociación nacional de Realtors (NAR por sus siglas en inglés) revela que la demanda de...

October 16th, 2019 | For Sellers, Housing Market Updates, El informe de ventas de casas existentes indica que ahora es un buen momento para vender

Be on the Lookout for Gen Z: The Next Generation of Homebuyers

Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later. You’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they’re eager to become homeowners faster than you may think. According to realtor.com, “Nearly 80 percent of Generation Z members say they want...

October 15th, 2019 | Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, Be on the Lookout for Gen Z: The Next Generation of Homebuyers

62% of Buyers Are Wrong About Down Payment Needs

Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.” When potential homebuyers think they need a 20% down payment to enter the market, they also tend to think they’ll have to wait several years (in some markets) to come up...

October 14th, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, 62% of Buyers Are Wrong About Down Payment Needs

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