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Millennials Prefer Single-Family Homes Too

Millennials Prefer Single-Family Homes Too DAILY REAL ESTATE NEWS | MONDAY, JULY 06, 2015 A growing body of research is discrediting what was previously assumed about millennials' taste for real estate. Many housing analysts said this generation of young adults preferred small, urban walkable corridors, but recent studies are revealing a different preference.  Millennials, just like previous generations, are showing a strong preference for single-family homes, according to a new Housing Insights report released by Fannie Mae's Economic & Strategic Research Group.  Researchers examined the rates at which young households are occupying single-family homes today and also compared it to young adults' preferences prior to the housing crash.  "The analysis reveals that the likelihood of a millennial household occupying a single-family home today is down somewhat from that of young adults at the peak of the housing boom, but is no different than it was for...
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Loan Demand Takes Sudden Leap From Home Buyers

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Loan Demand Takes Sudden Leap From Home Buyers July 11, 2018 © REALTOR® Magazine The number of homes for sale is growing in some markets and that may be the main factor behind the latest rise in mortgage applications, economists say. Mortgage applications for both home purchases and refinancings increased 2.5 percent last week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. The rise was fueled entirely by an uptick in home purchase applications. Mortgage applications for home purchases surged 7 percent in the week and are now 8 percent higher than a year ago, the MBA reports. Abounding housing shortages have mostly kept a lid on any notable increases in home sales this summer, but that gradually may be changing. “Even though inventories continue to decline, they are doing so at a slower pace,” says Danielle Hale, chief economist at realtor.com®. “In other words, while buyers continue to see fewer homes available for ...
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The First Annual Portland Weird Homes Tour

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WANT TO SEE inside Portland’s weirdest, wildest, most wonderful, and whimsical? $30 will get you a secret map + wristband with directions to explore some very weird houses on a self-paced, self-guided tour that treats you to some of Oregon’s most remarkable and creative homes. SAVE THE DATE: Saturday, June 30, 2018 from 10am-6pm Portland's weirdest homes will open their doors, and the creative residents will share stories about where they live. Which just happens to be some of the most peculiar places in Oregon. SUPPORT AFFORDABLE HOUSING: 10% of sales go directly to  Central City Concern , a local Portland nonprofit supporting affordable housing. DID YOU KNOW: Weird Homes Tour launched in 2014 in Austin, Texas and since expanded to cities like Houston, New Orleans, Detroit and now Portland too! With Austin Monthly Magazine naming it the “Best Home Tour in Austin” and  The Austin Chronicle listing the tour as one of the Top 10 Art Events of 2017. Purchase your ticke...
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