As the largest generation in the country, Millennials are taking the homeownership world by storm. According to RentCafe, the number of Millennials who own a home has significantly increased within the last five years. With 52% of Millennials owning a home, the generation is no longer a renter-majority demographic. Millennial homeownership reached 18.2 million in 2022, making Gen Y the second fastest-growing[...]
Senior Loan Consultant with New American Funding Jay Glover joins the Atlanta Real Estate Forum Radio podcast to discuss the current state of the market and the lender’s wide variety of loan products for first-time homebuyers. Glover joins host Carol Morgan on the All About Real Estate segment. A resident of Gainesville, Georgia, Glover has been in the mortgage industry since[...]
Buying your first home is an exciting and overwhelming experience. It should be an enjoyable one, which is why Atlanta Real Estate Forum has five first time homebuyer tips. Just because you can, doesn't mean you should. Remember, home buying is not a competition. Decide on how much home you really need and how much you can really afford, and[...]
Kim Arrington, Branch Manager of the New American Funding metro Atlanta office, joins the Atlanta Real Estate Forum podcast to discuss educating homebuyers on being mortgage ready and new diversity initiatives, highlighting the New American Dream Initiative. She joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. Arrington has a great passion for helping homeowners find[...]
Tired of rising rental costs and national student debt averaging $36,635 per individual, Millennials (those aged 25 to 40) are trading their apartments and condos for a home of their own. Millennials place greater emphasis on home buying and investing when in a serious relationship, waiting to tie the knot in their thirties versus previous generations who commonly married in[...]
On this All About Real Estate edition of Atlanta Real Estate Forum Radio, we hear about the master-planned community of Heron Bay Golf and Country Club from Judith Smith, the sales manager for the community. Heron Bay is a premier resort-style home community strategically located just south of Atlanta in Locust Grove. Its placement in a more rural part of town[...]
Does it seem like everyone around you owns their own home and now you’re feeling the pressure to become a homeowner, too? Buying a home in Atlanta can be a great investment, but it is one of life’s biggest financial commitments, so you need to make sure you’re ready. How can you do that? Here are a few things to think[...]
According to the latest HousingPulse Survey from Campbell/Inside Mortgage Finance, first-time homebuyers represented the fastest growing segment of home purchases for February with 34. 5 percent of home purchase transactions. This increase improves upon the January gains and boosts this segment from the four-year survey low of 32.9 percent in December 2012. Further encouraging statistics for the first-time buyer demographic is[...]
If you're thinking of purchasing your first Augusta new home, there are probably a wealth of emotions running through your mind: excitement, fear, intimidation, nervousness. To make sure the process goes smoothly and as happily as possible, here are a few tips to keep in mind: Define your goals: Make sure that you are pre-qualified, so that you know just[...]
Deciding where to build your future can be a challenge for young adults, who need to find a place that offers a combination of employment opportunities and social activities, while being affordable. Of course affordability includes the ability to buy Atlanta real estate as a first time homebuyer. Kiplinger.com researched this topic and identified 10 Great Cities for Young Adults and[...]