Why Are Homebuyers Feeling Optimistic?

Homebuyer confidence is higher than ever, and long-term renters are looking to start buying. Today I’ll talk about why that is.

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Why are homebuyers suddenly so optimistic? Right now, homebuyer confidence is at an all-time high, and there is an increasing number of renters who think that now is a good time to buy.

There are three reasons that I believe explain this phenomenon:

1. Lending guidelines are loosening up. Back in 2010 and 2011, things were a little bit harder on the buyer side to qualify for a mortgage. Now that the guidelines have opened up a bit, it has enabled more buyers to buy a home.
   
2. Jobs are looking good. Fewer buyers are concerned about losing their jobs. Additionally, the median household income is now 150% of what their monthly payment would be as opposed to the historical average of 125%.
   
3. Long-term renters are now opting to buy homes. Millennials, the generation born after 1980, have mostly opted out of homeownership up until now. Now that they’re entering the market as first-time buyers, they’re further along in their careers with higher income and more savings.

Homebuyer confidence is at an all-time high.

So what does all this mean for you? If you’re on the fence about buying a home, those are three things to take into consideration. It’s definitely still a good time to buy, and interest rates are low compared to historic averages.

If you’re thinking about selling a home, give us a call or send us an email. We’d love to get you scheduled for a free consultation.

It's Time to Reflect on Our Blessings

Now is the time of year when many choose to stop and reflect on the things they are grateful for. Today, I want to let you know how thankful I am for all of you.

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Today I wanted to let you know how grateful I am for you and your support.

Thanksgiving is a great time to reflect on our blessings. I consider all of you to be among the things I am blessed with.

Thanksgiving is a great time to reflect on our blessings.

I appreciate all of you who have allowed me to serve you over this past year.

I hope you have a happy Thanksgiving and a great holiday season.

If you have any questions or have any real estate needs, feel free to give me a call or send me an email. I look forward to hearing from you soon.

We’re Bringing Even More Value to Real Estate

We have an exciting announcement to make today. Stay tuned for good news.

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The Langan Team is excited to announce that we are joining forces with Brandon Tracy and BTG real estate.

With this merger, we’re going to be able to deliver an even higher level of service to our clients even as the industry is constantly changing around us.

We have a desire to serve everyone we work with at the highest level possible. With the way things are changing in real estate, some of our personal goals got pushed by the wayside. Now that we have decided to join forces, it will allow us to accomplish all of our goals, both personally and professionally. We are very excited about what the future has to hold for ourselves and our clients.

The result is going to be even better service.

In addition to fantastic service, Brandon and BTG Real Estate bring a high level of marketing knowledge and leverage to what we already have. Simply put, these are two very talented organizations coming together and taking what each of them is best at to combine them into one package.

If you have any questions for us about the merger and what it means for you, we’re always here to answer your call or email. We look forward to hearing from you soon.