305-851-5225
nveitia@dgpinnacle.com
Apply Now
Secure Doc Upload
DG PINNACLE FUNDING, LLC  Logo

Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

Blog

BE CAREFUL THERE's A SCRIPT IN HERE

Seniors Are on the Move in the Real Estate Market

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the senior citizens who mean so much to our land.”   To give proper recognition, we’re going to look at some senior-related data in the housing industry. According to the Population Referenc...

September 2nd, 2019 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths, Senior Market, Seniors Are on the Move in the Real Estate Market

Are Older Generations Really Not Selling Their Homes?

Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56% of sellers in 2018! This means the majority of sellers last year were over the age of 54. This also shows these generations ARE moving! The report also shared the reasons why they chose t...

May 21st, 2019 | Baby Boomers , Demographics, For Buyers, For Sellers, Housing Market Updates, Senior Market, Are Older Generations Really Not Selling Their Homes?

New Study Reveals One Surprising Reason for the Inventory Shortage

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While it is true that millennials have achieved milestones like getting married, having kids, and buying homes later in life than their parents and grandparents did, they are not solely to blame for today’s housing market trends. Freddie Mac’...

May 6th, 2019 | Baby Boomers , Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Millennials, Move-Up Buyers, Senior Market, New Study Reveals One Surprising Reason for the Inventory Shortage

What Would Make You Sell Your House?

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). Relocating for a job was the top reason for those ages 54 to 63 and the second most popular response for those under 53. The chart below shows the breakdown for these two reasons. For homeowners over the age of 64, wanting to be close...

April 30th, 2019 | Baby Boomers , Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Senior Market, What Would Make You Sell Your House?

Why Homeownership Matters Now More Than Ever

Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.) For Americans approaching retirement age, one of the greatest benefits to homeownership is the added net worth they have been able to achieve simply by paying their mortgage! The Joint Center for Housing Studies at Harvard University focused on homeowners and renters...

February 25th, 2019 | Baby Boomers , First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs Buy, Senior Market, Why Homeownership Matters Now More Than Ever

Buying A Vacation Property? Now Is A Good Time!

Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first residence, AccuWeather warns: “The late-week cold shot should fade next week, but this is a warning shot for winter’s return late in the month and early February.” Given this, it’s time to go and stock up on winter weather supplies! However, if you’re tired of shoveling snow and dealin...

January 10th, 2019 | Baby Boomers , For Buyers, Move-Up Buyers, Senior Market, Buying A Vacation Property? Now Is A Good Time!

Pages: 1 2 Next >