Regal Crest Luxury Homes

Just for fun today, let's start by taking a look at the names of our generations and the years that they were born: (these are approximate) Xennials were born between 1975 and 1985 Millennials also know as: Generation Y and Gen Next  were born between 1980 and 1994 iGen / Gen Z were born between 1995 and 2012 Gen Alpha started in 2013 and will carry through to 2025 Interesting Engineering wrote an article explaining in more detail about the Alpha generation. This generation are the "Children of the Millennials" and are the most advanced as far as technology. They are not afraid of it and are savvy when it comes to it. Looking at the Millennial generation, according to Bankrate , this generation has a higher number of college graduates, but are less likely to own a home.  The percentage of home ownership for this generation is 8% less than generations prior. More articles: Education in NC, where do we rank? Home mortgage interest rates: rising...

WS Chronicle According to Bankrate, the interest rates have recently fallen to 4.49% for a 30 year fixed loan. One year ago, the interest rate for a 30 year fixed mortgage was 4.54%. With the current rate, you will pay about $506 a month per every $100,000 on the loan. A 15 year mortgage fell to a low 3.83%. Other mortgage rates that fell are the 5/1 adjustable  rate mortgage (4.15%) and the 30 year fixed rate jumbo mortgage (4.43%). For more information, you can visit Bankrate.  Need help finding the perfect home to take advantage of the low interest rates? Realtor: Amy Sossamon: 919.671.1479 Regal Crest Luxury Homes

A reverse mortgage is a financing option provided to individuals 62 years of age or older. The program makes it easier for retirees to purchase a new primary home. If you qualify for the HECM for purchase loan, you will not have a monthly mortgage payment. This type of loan works by allowing the borrower to convert equity in the home into income or a line of credit. Take a look at this video for more details: For additional questions and/or to see if you qualify: Ron Heath, HECM specialist New Homes and communities in the Raleigh area How does NC rank in its economy compared to other states? Will 2019 be a buyers or sellers market? Reach out to Amy Sossamon for your Real Estate needs, 919.671.1479 www.regalcrestluxuryhomes.com

Photo taken from Google images: Few moves According to U.S.News, North Carolina ranks within the top 20 states as far as its economy. North Carolina ranks number 18 out of 50 states in an article published in 2018.  The top 5 states are:  Colorado Utah Washington California Florida Click here to read the rankings of all 50 states. In its overall ranking, North Carolina comes in at #23. To read about the overview of North Carolina, click here. If you interested in moving to North Carolina or moving within the state, contact Amy Sossamon, Regal Crest Luxury Homes,   for your Real Estate needs. 919.671.1479  You may also be interested in: Is it a buyers market or sellers market for 2019

There seems to be a difference of opinion pertaining to 2019 being a buyers market or a sellers market. Let me explain: In an article written by Investors Business Daily , there are conflicting opinions stated. Realtor.com suggests that the next 12 months will pose challenging for potential homebuyers and sellers.  On the other side, you have chief economist of the Mortgage Bankers Association, sharing that there are reasons to be positive about the housing market over the the upcoming year.  "I think next year will be closer to a balanced market for buyers, and because of the strong job market, and because you have a lot of millennial buyers entering the market, you'll see a pickup in home sales through 2019 relative to 2018," -Mike Fratantoni  To view the article in its entirety: click here Ultimately, the decision lies with the buyer or seller. A key component is to hire a trusted Real Estate agent to assist you with your sell or purchase.  Call Amy S...