You have likely seen the headlines heralding millennials as the largest segment of homebuyers right now, accounting for 43% of the market. And while Gen Z may only make up 2% of the real estate market, studies have shown that 72% of them are planning on, and highly value, homeownership.
As a real estate agent, it’s important to have an understanding about the growing interest in solar energy, why it’s happening and how it’s affecting local real estate markets. Read on to get in the know when it comes to solar so you can be a resource of knowledge on this issue for your clients.
Growth in solar energy interest
In a time when words like “family values” seem to have lost some of their luster, they are alive and well and at the core of success
June is National Homeownership Month—the perfect time to put the spotlight on helping all of your clients achieve the American Dream; to reexamine your offices’ practices and protocols around diversity, equity and inclusion; and to focus on furthering the fight to increase access to homeownership for people of every background.
Barriers to homeownership
New data suggests the U.S. housing market hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the latest realtor.com®’s Monthly Housing Trends Report released this week.
At the same time, the median national home price soared to an all-time high of $447,000 and buyers snatched up listings a week faster than last year, the report stated.
Black Knight, Inc. has announced a strategic alliance with Nashville-based Percy—formerly known as Buyside—a data analytics and marketing company that collects and analyzes real estate consumer behavior using machine learning and artificial intelligence.