Iconic Home Design, Redefining the American Dream & A Surge in Builder Confidence

iconic home designAs we head into a new season, the fall real estate market is in full swing. Mortgage rates may be up, but experts are predicting little impact on the housing market. You can also take a look at a great guide on iconic home design styles over the years. If you have any Millennial clients, they are making the news both regarding how they are changing the look of the American dream as well as how they might be using their home equity for unwise expenditures. Read on for the details.

Why housing doesn’t care about the Fed

After an announcement from the Federal Reserve that mortgage rates went up, you might expect a huge impact on the rate of home sales. But most analysists are poo-pooing any significant impact on what continues to be a strong home sales market.

The most popular and iconic home design styles over the years

Can you identify design differences in a Tudor or a Georgian style home? Brush up on your architecture skills with this guide that shows how dwellings in England, Italy, and France influence the way American homes are built today.

With fewer people buying homes, Millennials are redefining the American Dream

The world is a different place today than it was even a few decades ago when the American dream included staying with one company for 40 years, then taking your pension and retiring in Florida. Young people are saddled with staggering student loan debt. Employment is more transient, with people changing jobs with much more frequency. More and more jobs can be done remotely, from any location. What does this mean for your real estate career?

What Millennials are doing with their home equity is terrifying

There is a trend among Millennial homeowners who use their home equity on short-term wants, such as vacations and weddings. Borrowing against a home can be a less expensive way to attain funds than credit cards, but does it make sense to do so? Experts weigh in on when it is smart to borrow against home equity—and when it isn’t.

Builder confidence in U.S. surges in September

According to the National Association of Home Builders, U.S. builder confidence in the market for newly built, single-family homes in September is up to its highest level since October 2015. The single-family market continues to make gradual gains, and the upward momentum is expected to build throughout the remainder of the year and into 2017.

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