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robertsbig60 · 2 days
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We Buy Houses in Dallas, Home Buyers
We Buy Houses in Dallas, Home Buyers
There are a lot of things to consider when placing your home for sale. Do you list it with a real estate agent? If so, how long will your home be on the market waiting for a qualified buyer? Should I sell to a “we buy houses in Dallas” company? What shape or condition is my home in, and how much will needed repairs cost? Will the buyer find something wrong with the house after closing and…
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dfwareasold · 5 months
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Marcus Texada - Brawn Sterling Real Estate
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Marcus Texada: Your Real Estate Authority in Midlothian & Beyond
Embark on your real estate journey with Marcus Texada, an agent synonymous with success and customer satisfaction across Midlothian and the surrounding areas. Awarded the Quantum Leap Award and consecutively named the Number 1 salesperson at Brawn Sterling Real Estate for 8+ years, I bring a wealth of expertise not just to Midlothian but also to Mansfield, Ovilla,, Cedar Hill, Waxahachie, Glenn Heights, and Venus.
My pledge to you: Your Home Sold, or We'll Buy It!* With such a bold promise, you can trust in my ability to deliver results, whether you're in the market to buy or sell.
For Buyers: Discover the diversity of options in Midlothian and its neighboring communities - each area with its unique charm and opportunities, and find the perfect backdrop for your life's next chapter.
For Sellers: Enjoy comprehensive marketing strategies, strong negotiation tactics, and the assurance of our unique selling proposition* that keeps your best interests at heart, no matter where your property is located.
For Investors: Leverage my extensive knowledge of local markets from Arlington to Grand Prairie, ensuring your investments flourish.
Partnering with me, Marcus Texada, means engaging with a realtor who has a proven track record across multiple vibrant communities. Let’s navigate the real estate waters together, ensuring you make a splash in any market you choose.
Get in touch with Marcus Texada – Where Commitment Meets Expertise, from Midlothian to Grand Prairie.
*Terms and conditions apply. Contact for more details.
Contact Us:
Marcus Texada - Brawn Sterling Real Estate
Address: 717 W. Main St. Suite 10, Midlothian, TX 76065, USA
Phone: (469) 337-9823
Website: https://www.dfwareasold.com/
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fivestarprops · 6 months
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We Buy Houses Fast In Cedar Hill | 100% Guaranteed As-Is Cash Home Sale
No matter the condition of your home or the challenges you face, we buy houses fast in Cedar Hill and neighboring regions for cash. Call us at (972) 532-7355 to receive a fair cash offer and sell your house the easy way. We do not charge any fees or commissions. Choose us for a 100% guaranteed home sale. Visit us at https://fivestarprops.com/sell-my-house-fast-cedar-hill-tx/ for more information.
Contact Info: Five Star Properties 1200 Jupiter Rd #941811 Plano, TX , USA- 75094 Call: (972) 532-7355 https://fivestarprops.com/
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tamboradventure · 5 years
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My new book, Ten Years a Nomad, is out TODAY!
Posted: 7/16/2019 | July 16th, 2019
IT’S HERE!
After eighteen months of writing and editing, my new book, Ten Years a Nomad: A Traveler’s Journey Home, is on sale now.
The book is a memoir about my ten years traveling and backpacking the world, philosophy on travel, and the lessons I learned that can help you travel better. It takes you on a trip around the world from start to finish: getting the bug, the planning, setting off, the highs, the lows, the friends, what happens when you come back — and the lessons and advice that come with all that.
It features lots of stories I’ve never told on this blog.
I poured my heart and soul into this book. It’s very personal. In fact, my friends have been really surprised at how personal I got (there’s going to be some awkward conversations after my family reads this book).
But this is not all about me.
This is about what I learned and how you can apply it to your travels. How you can get inspired, work through your fears, meet people, and become a better traveler. Unlike my previous books, this is not a “how to guide” but a collection of tips, advice, and stories from the road that can be used no matter where you are in the world or how long you’ll be away.
This book gets to the heart of wanderlust and what extended travel around the world can teach us about life, ourselves, and our place in the world. (Or at least tries to.)
In this book, you’ll find:
Crazy hostel stories
What it’s like to travel the world for ten years
My philosophy on travel
Lessons learned from the road
How to cope with travel burnout
How to make friends
Inspirational stories and insights
If you want to know what it’s like to travel the world and live out a backpack, this book will tell you. If you want to be inspired to travel and better understand how you can do it too, this book is for you.
If you just want a good travel book to read on the beach, this book is for you.
You can get the book online at the following places:
  (Or walk into your local independent bookstore and pick up a copy!)  
5 Early Reviews of the Book
So what are people saying of the book?
“In his heartfelt explanation and exploration, Matt runs through just why he’s been out there, backpacking the world for 10 years. By the end we’ve definitely realized, like Matt, how important travel is and how getting out there, on the road, can make you, me and the world a better place. It’s a great pity certain people at the very top of the world’s power pyramid never had just a little taste of the nomadic experience.” – Tony Wheeler, founder of Lonely Planet
“Throughout his ruminations on how travel affected him, Kepnes interweaves his tales of friends, girlfriends, and great loves discovered among exotic backdrops and how starting a blog (nomadicmatt.com) about his adventures altered the way he traveled. His story is one of heartbreak, self-discovery, and the constant travel itch he had to scratch in order to become the man he was supposed to be. An entertaining, quick read by a man who did what many of us only dream about.” – Kirkus Book Reviews
“Inspirational” – Cheryl Strayed
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I’ve got an advanced copy of Matt Kepnes’s new memoir, Ten Years a Nomad, and I’m LOVING it. Not his standard guide to get you off the couch and out into the world (although it’ll surely do that too), but a personal and heartfelt account of his journey. And NOT PREACHY. Might be the first book I’ve read in this vein that doesn’t make me wanna punch the author a little.
A post shared by candicewalsh (@candicewalsh) on Jul 15, 2019 at 12:19pm PDT
  Buy a Copy, Get Free Stuff!!
If you order my book within the first week it’s out, you can get free copies of my other books, one-on-one travel planning advice, free attendance at TravelCon, blogging courses, free hostel stays and flights, and more!
The packages are listed below. All you need to do to claim your bonuses is email me a copy of your receipt at [email protected].
The Basic Package (cost: $18, value: $48) Purchase one copy of the book and get:
How to Build a Travel Blog ebook (value: $9.99)
The Ultimate Guide to Travel Hacking ebook (value: $9.99)
27 Ways to Be a Master Traveler PDF (value: $5)
50 Inspiring Travel Books and Movies PDF (value: $5)
***BEST VALUE*** The Tenner (cost: $182, value: $594) Buy 10 copies of my book and get ALL THE ABOVE plus:
My 12 city and country guides (value: $150)
A signed copy of my book How to Travel the World on $50 a Day (value: $15)
A 15-minute planning call with me (ask me anything)! (value: $100)
The Business of Blogging course (value: $99)
The Bullseye (cost: $900, value: $2,193) Buy 50 copies of my book and get ALL THE ABOVE plus:
One ticket to TravelCon in New Orleans (value: $399)
A 30-minute planning call with me (ask me anything)! (value: $200)
Note: All digital bonuses will be sent when you send the receipt. Travel arrangements will be worked out between you and me and are valid for six months after purchase (i.e., you have to make a booking by then).  
The “Ten Years a Nomad” Book Tour
I’m going on book tour! Come join me, talk travel, get a signed book, and hang out! Here are the dates:
July 16 New York, NY: The Strand Bookstore @ 7pm EVENT DETAILS July 17 Boston, MA: The Harvard Coop @ 7pm EVENT DETAILS July 18 Philadelphia, PA: Penn Book Center @ 6:30pm EVENT DETAILS July 22 Washington DC: Politics and Prose at the Wharf @ 7pm EVENT DETAILS July 23 Miami, FL: Books & Books @ 8pm EVENT DETAILS July 24 Tampa, FL: Oxford Exchange @ 6:30pm EVENT DETAILS July 30 Detroit, MI: Pages Bookshop @ 6:00pm EVENT DETAILS July 31 Chicago, IL: City Lit Books @ 6:30pm EVENT DETAILS August 1 Dallas, TX: Half Price Books (Flagship) @ 7:00pm EVENT DETAILS August 5 Austin, TX: Book People @ 7pm EVENT DETAILS August 6 Houston, TX: Brazos Bookstore @ 6:30pm EVENT DETAILS August 7 Denver, CO: Tattered Cover – Historic Lodo @ 7pm EVENT DETAILS August 8 San Diego, CA: Warwick’s @ 7:30pm EVENT DETAILS August 12 Los Angeles, CA: The Last Bookstore @ 7:30pm EVENT DETAILS August 14 Portland, OR: Powell’s Books at Cedar Hills Crossing @ 7:00pm EVENT DETAILS August 15 San Francisco, CA: Book Passage at Corte Madera @ 7pm EVENT DETAILS August 16 Seattle, WA: Third Place Books @ 6pm EVENT DETAILS August 19 Vancouver, BC: Indigo (Robson) @ 7:00pm EVENT DETAILS August 22 Calgary, AB: LOCATION TBD EVENT DETAILS August 26 Toronto, ON: LOCATION TBD EVENT DETAILS August 31 Montreal, QC: Indigo (Place Montreal) @ 1:00pm EVENT DETAILS
P.S. – There will be an afterparty in NYC after the initial book launch. It will be at Solas. Click here for details!  
Want to Help Me Spread the Word About This Book?
I’m always looking for more opportunities to talk travel. Here’s how you can help me spread the word about the new book:
Want to interview me? If you have a blog, podcast, vlog, or Instagram channel and want to interview me about the book and travel, let me know at [email protected] using the subject line “Book Interview.” I’d love to talk with you!
Are you in the media and want to cover the book? If you work for a major media outlet and want to interview me about the book or would like to review the book, let me know at [email protected] using the subject line “Media Request.”
Know anyone that I should reach out to for promotion? If you have suggestions on people who would love a copy of this book and would be a good fit for promoting the book, let me know in the comments, or feel to email me at [email protected] with the subject line “Book Promotion Help.”
****
Thank you so much for your support and love over the years. I really hope you love this book. I wanted to write something that would appeal to a wider range of readers. Please help spread the word, get a copy, and I hope to see you on the book tour.
– Nomadic Matt
Once again, here are links to get the book today:
  Book Your Trip: Logistical Tips and Tricks
Book Your Flight Find a cheap flight by using Skyscanner or Momondo. They are my two favorite search engines because they search websites and airlines around the globe so you always know no stone is left unturned.
Book Your Accommodation You can book your hostel with Hostelworld as they have the largest inventory. If you want to stay somewhere other than a hostel, use Booking.com as they consistently return the cheapest rates for guesthouses and cheap hotels. I use them all the time.
Don’t Forget Travel Insurance Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. I’ve been using World Nomads for ten years. My favorite companies that offer the best service and value are:
World Nomads (for everyone below 70)
Insure My Trip (for those over 70)
Looking for the best companies to save money with? Check out my resource page for the best companies to use when you travel! I list all the ones I use to save money when I travel – and that will save you time and money too!
The post My new book, Ten Years a Nomad, is out TODAY! appeared first on Nomadic Matt's Travel Site.
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jdriverblog · 6 years
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What happens when you inherit a house in Texas?
What happens when you inherit a house in TX?
Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in Texas? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be a demanding task, but definitely not impossible! With the right information and assistance from Sell My House Fast Dallas, you should have no problems selling your inherited house. So where does the difficulty come from selling an inherited house in TX?
Exactly what happens when you inherit a house in Texas?
There are a number of factors that should be taken into consideration when planning to sell an inherited house in TX. Some of these factors include…
• Dealing with the emotional aspect of selling a loved one’s home • The financial cost of making the necessary updates intended to attract buyers • Dealing with potential costly liens and other hidden challenges
First thing, get ready for a rollercoaster of emotions
Selling a loved one’s house can be such an emotionally draining activity… This really cannot be stressed enough. The activity may involve removing his or her stuff, depersonalizing everything even more.
When our emotions get carried away, we often don’t make the best business decisions. Times like that are when you need people with experience buying and selling probate homes in TX to help walk you calmly through the whole process.
Negotiating and managing the selling process
And other times, one might have to deal with expensive liens or other problems that don’t become apparent right away. Regarding these things, disagreements among your siblings might arise about the selling price of the house.
Apart from that, you will have to meet the financial cost needed for making the required updates to make potential buyers aware of and (hopefully) interested in your inherited house. There are also legal and taxation aspects of the sale that you must understand to make the sale successful.
These are the major problems that potential inherited house sellers have to deal with. Unless you are a professional in this area, the process can be tiring and daunting.
Now you know what happens when you inherit a house in Texas.
This explains why you need to seek the help of real estate professionals who have had experience helping people sell their inherited houses. If you are considering selling your TX inherited house now or in the next few days or months, then you are better off speaking to one of our real estate experts. He or she will come in handy extremely to help make the process as simplified as possible. Give Sell My House Fast Dallas a call now at (214) 233-5504.
As a matter of fact, some of our real estate investors will be more than willing to buy your house if it meets their expectations.
We’ll Buy Your Inherited House In 7 Days Or Less: Fill out the short form OVER HERE to see if your house qualifies.
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The post What happens when you inherit a house in Texas? appeared first on Sell My House Fast Dallas.
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vietnam-hub · 6 years
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These Cities Are The New Magnets For Millennial Home Buyers
Last fall, Kit Kester, 32, and his wife decided it was time to make the giant leap into first-time homeownership. But they didn’t consider relocating to job-packed San Francisco, breakfast-taco-loving Austin, TX, mustache-obsessed Williamsburg, Brooklyn, or any of the other infamous millennial hotspots across the United States. Instead they centered their search on their hometown of Lincoln, NE. By October, they had purchased a three-bedroom, split-level home in the suburban neighborhood of Highlands for $180,000.
"We got tired of paying rent and throwing money away," says the maintenance supervisor and father of a young child. "And we really liked the idea of having a home for my daughter to grow up in."
Millennials bought 36% of homes last year, the highest share of any generational group, according to the National Association of Realtors®. Of that 36%, 65% went to first-time home buyers. But this vast army of buyers faces some unique challenges in their transition from renters to owners, including crushing debt loads and one of the tightest and most competitive housing markets in history. They may be buying homes in big numbers, but they can’t afford to do so in the nation’s largest, most expensive cities. Instead, many younger buyers are opting for more affordable—and unexpected—parts of the country.
But where? The data team at realtor.com decided to find out where younger Americans make up the largest percentage of purchasers, by looking at who is getting mortgages and where they’re getting ’em.
What we found flies in the face of conventional wisdom.
"At the end of the day, it comes down to what they can afford," says Roger Ma, a real estate agent and owner of Life Laid Out, a New York-based company that helps people reach their financial goals. "They might have started their careers in very expensive metros areas like [Washington] DC or San Francisco. But as they age, they often want to settle down and look for a home in a reasonably priced location." We used Pew Research Center’s definition of millennials: those born between 1981 and 1996—who are now anywhere from 22 to the ripe old age of 36.Then we calculated the share of buyers within that age group who bought homes over the past 12 months in the 200 largest housing markets.
Now let’s take a tour of the new millennial meccas!
Median home list price: $150,000 Percentage of mortgages issued to millennials*: 57%
Millennials, it’s said, are a generation about instant gratification. They want everything, and they want it now. Broad generalizations, sure, but in Appleton, young home buyers really are focused on having it all.
"They want an updated home, something with a new kitchen, updated bathrooms, and a large yard," says Carolyn Stark, a real estate agent at Keller Williams Fox Cities. "You can see the look on their faces when they see places that have been renovated, and have new flooring and carpet—that makes them happy."
Suburban communities in Appleton with lots of move-in-ready houses, for example in Kimberly, WI, are in high demand. Young buyers with families love the public school system, the short drive from the city center—and the fact that the median home price is an affordable $145,000, according to realtor.com.
There are also plenty of things for the younger crowd to do. You catch them flocking to the Appleton Beer Factory, a brewpub downtown that serves up burgers, fries, and, of course, beer, or boating or jet-skiing on nearby Lake Winnebago.
And the locals aren’t shy around their alcohol. In 2016, 24/7 Wall Street named Appleton the Drunkest City in America—a title that doesn’t seem to bother this crowd much.
Median home list price: $294,000 Percentage of mortgages issued to millennials: 56.9%
Renting in Des Moines isn’t what it use to be—it’s a whole lot more expensive. The median monthly rent price here is now $996, up 6.8% from a year ago, according to the latest U.S. Department of Housing and Urban Development numbers. And so a lot of these buyers have wised up and realized that rent is often higher than a mortgage.
"The cost of a lease keeps going up," says Bryan Curtis, a broker at Attain RE in Des Moines. "People are looking at the grand scheme of things when it comes to their finances, and see [buying a home as] one of the best investments."
Now, Des Moines isn’t exactly cheap. The median home price is a bit higher than the national median of $279,900, according to realtor.com data. But many first-time buyers are taking advantage of federally backed mortgage loans that don’t require the 20% down payment, Curtis says. They can put down as little as 3% if they qualify for the right loans.
That’s not to say that many buyers can’t afford larger down payments. There are plenty of good jobs in the area, including those at Meredith Corp., which, after its purchase of Time, Inc., is now America’s largest magazine publisher. A gig at Progressive Farmer, perhaps?
It’s still affordable to own a home in Iowa. That is what’s driving people here," Curtis says.
Median home list price: $139,500 Percentage of mortgages issued to millennials: 56.8%
For much of the 20th century, Utica was known as the Sin City of the East. The city’s mob oversaw a slew of illegal activities in the area. But the only mob you’ll find in Utica now is the huge number of younger buyers chasing the newest listings in this city about four and a half hours north of New York City. These days, millennials might know Utica best as the home of one of the worst branches of Dunder Mifflin, the fictional paper company featured on "The Office." Of the places we ranked, Utica has by far the lowest home price. Around the city’s median price point, you’ll find lots of older, single-family homes in the upstate city’s downtown. Those willing to drop a bit more cash can get a much swankier home. Take this brick, two-story, four-bedroom home of 2,400 square feet, priced at $297,000. The home has a koi pond and a winding rock pathway that leads right up to the front door.
Median home list price: $376,700 Percentage of mortgages issued to millennials: 56.5%
Most of the places on our list are all about reasonably priced housing. The exception is Provo, where home prices are almost $100,000 more than the national median.
But high prices aren’t locking younger buyers out of the market here, because wages are also good. The city is home to Brigham Young University, Ancestry.com, and plenty of start-ups where computer coders can earn a fine living. That earned the city a spot on our our ranking of top metros for the middle class.
Provo homes cost a bit less than those in nearby Salt Lake City, at a median nearly $394,000. The larger city, about 45 minutes north, was ranked as one of the toughest housing markets for millennials by realtor.com. Many first-time buyers are moving to more family-friendly, suburban communities like Cedar Hills, around 25 minutes from downtown Provo, where they can snag larger homes. Just look at this 3,400 square-foot, five-bedroom Rambler-style home, priced at $479,000.
And all the 1990s kids who grew up watching "Jurassic Park" over and over are sure to dig (get it?) the dino fossils at the Brigham Young University Museum of Paleontology.
Median home list price: $175,000 Percentage of mortgages issued to millennials: 56.3%
Located on the banks of Lake Superior and in the state of 10,000 Lakes, Duluth is perfect for millennials who want to be far away from city life.
The homes younger buyers are gravitating to reflect that outdoor lifestyle. There are lots of affordable cabins in the woods, or two-story homes on huge sprawling properties with a lake or two in the backyard.
The younger crowd can make good money here. The area is home to one of the Midwest’s largest ports, and it has a strong manufacturing and aviation sector. Lots of big-name engineering firms, like Enbridge and Barr Engineering, have offices here too.
Median home list price: $210,100 Percentage of mortgages issued to millennials: 56.3%
For many Californians or New Yorkers, owning a home by the time they reach 30 can seem like climbing K2. But by that age in Lafayette, buyers have often bought their second home already, says Justin Netterville, a local real estate agent at Rome Realty.
"They want open floor plans, everything updated over [the last] five years, granite countertops, and 1,700 to 2,200 square feet, because they probably have two kids at that point," he says. And they can get it without breaking the bank.
The area has lots of oil field and machine shop jobs that pay entry-level wages of between $30,000 to $50,000—enough in this market to qualify for a first-time mortgage. But buyers had better be quick. One-story ranches in the suburbs for under $200,000 are moving off the market at a rapid pace, Netterville says. Lafayette offers things for families to do as well. To escape the summer heat, residents can stop by the family-fave Borden’s Ice Cream. And it wouldn’t be Louisiana without a few alligator exhibits, like the one on the campus of the University of Louisiana at Lafayette. Full disclosure: In 2016 one these critters escaped and took a stroll around campus.
Median home list price: $275,000 Percentage of mortgages issued to millennials: 56%
Lancaster’s location, about an hour and a half from Philadelphia and just over two hours from NYC and DC, makes it appealing for buyers fleeing those higher-priced cities. However, these transplants are still city folk at heart, so they’re often buying homes downtown.
"It feels like half of New York is moving here, because everything there is so darn expensive," says Darrell Coyle, a local real estate agent at Charles & Associates. "They can’t get a doghouse in New York for the price [of Lancaster homes]."
These buyers want town homes with character built in the early 1900s, Coyle says.
"The younger folks want to live in the historic district and walk to the nightlife, great restaurants, and shopping," Coyle says of the downtown, which is undergoing a resurgence. "The city has rooftop bars with grass yards that overlook the city."
Just outside the city is the country’s oldest Amish settlement. Locals can stop by and snag the best Whoopie Pie of their lives—a treat some claim originated in Lancaster County. Just be mindful of the horses and buggies.
Median home list price: $245,100 Percentage of mortgages issued to millennials: 55.5%
Lovers of Starbucks’ Peppermint Mocha can thank Kalamazoo for those minty, buzzy beverages. In the late 19th century, Albert Todd (aka the Peppermint King of Kalamazoo,) refined peppermint flavoring. But nowadays, the region is leading the pack for something just as sweet: homeownership.
Millennials here are snapping up homes left and right. Some of that is due to the fact that the increasing rents have made homeownership ever more appealing. (The median monthly rent climbed to $936, up 4.1% from a year ago, according to the U.S. Department of Housing and Urban Development).
But that’s not all. Homes here are reasonably priced, and the huge life sciences industry—pharmaceuticals, biotechnology, and biomedical firms— put these millennials in a position to afford them.
Some of the younger folks also may have larger down payments thanks to the Kalamazoo Promise. It covers up to 100% of tuition and fees for locals to attend public colleges in the state—a great deal for those who don’t want to rack up student loan debt.
Median home list price: $313,800 Percentage of mortgages issued to millennials: 55.4%
Many young people here are in a good place to transition to homeownership, particularly if they work in the region’s burgeoning tech hub. Lincoln and other Midwest cities, like the Omaha area, have gained the nickname Silicon Prairie, thanks to schools like the University of Nebraska-Lincoln churning out skilled graduates.
That’s partly behind the uptick in millennials closing on homes of their own, says Mark Meierdierks, a real estate agent at Nebraska Realty.
Many are trying to buy in neighborhoods like Highlands, about a 15-minute commute from downtown. It’s filled with both one-story ranches and two-story split-level homes. Most of the community’s homes were built in the 1970s and ’80s, and if the home has been remodeled, it will catch this age group’s attention, Meierdierks says.
"Their parents had a good house, so they want what their parents had, and they can afford to buy it now," Meierdierks says. "They want to live the American dream."
Median home list price: $170,800 Percentage of mortgages issued to millennials: 55.2%
Evansville is located right on the banks of the Ohio River in southern Indiana. The downtown is full of single-family homes that date back about 100 years, many with views of the river that weaves through the region. There are plenty of new or newly remodeled homes, too, with the open designs that millennial buyers crave.
The strong economy has put cash in the hands of younger folks here. The region is the headquarters for companies like Accuride Corporation, a vehicle components supplier, and Berry Global, a Fortune 500 plastic packaging maker.
"Evansville is a very affordable city," says local real estate agent Trae Dauby of Keller Williams Capital Realty. "The bulk of our buyers right now are first-time home buyers, probably between the ages of 22 and 35."
They’re typically local couples scooping up two- and three-bedroom houses on the suburban outskirts of the city, he says.
Buyers with some cash left over can head over to the Tropicana Evansville, a 45,000-square-foot casino in downtown. And sports fans can root for one of the local teams, like the Evansville Thunderbolts, a minor league hockey team, or the city’s minor league baseball team. Go, Otters!
* Calculated using using Optimal Blue mortgage data.
This article, "Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers" appeared first on Real Estate News and Insights from realtor.com.
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The post These Cities Are The New Magnets For Millennial Home Buyers appeared first on VIETNAM-HUB.
Read full post at: http://www.vietnam-hub.com/these-cities-are-the-new-magnets-for-millennial-home-buyers/
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restate30201 · 6 years
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Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers
iStock; realtor.com
Last fall, Kit Kester, 32, and his wife decided it was time to make the giant leap into first-time homeownership. But they didn’t consider relocating to job-packed San Francisco, breakfast-taco-loving Austin, TX, mustache-obsessed Williamsburg, Brooklyn, or any of the other infamous millennial hotspots across the United States. Instead they centered their search on their hometown of Lincoln, NE. By October, they had purchased a three-bedroom, split-level home in the suburban neighborhood of Highlands for $180,000.
“We got tired of paying rent and throwing money away,” says the maintenance supervisor and father of a young child. “And we really liked the idea of having a home for my daughter to grow up in.”
Millennials bought 36% of homes last year, the highest share of any generational group, according to the National Association of Realtors®. Of that 36%, 65% went to first-time home buyers. But this vast army of buyers faces some unique challenges in their transition from renters to owners, including crushing debt loads and one of the tightest and most competitive housing markets in history. They may be buying homes in big numbers, but they can’t afford to do so in the nation’s largest, most expensive cities. Instead, many younger buyers are opting for more affordable—and unexpected—parts of the country.
But where? The data team at realtor.com decided to find out where younger Americans make up the largest percentage of purchasers, by looking at who is getting mortgages and where they’re getting ’em.
What we found flies in the face of conventional wisdom.
“At the end of the day, it comes down to what they can afford,” says Roger Ma, a real estate agent and owner of Life Laid Out, a New York-based company that helps people reach their financial goals. “They might have started their careers in very expensive metros areas like [Washington] DC or San Francisco. But as they age, they often want to settle down and look for a home in a reasonably priced location.”
We used Pew Research Center’s definition of millennials: those born between 1981 and 1996—who are now anywhere from 22 to the ripe old age of 36.Then we calculated the share of buyers within that age group who bought homes over the past 12 months in the 200 largest housing markets.
Now let’s take a tour of the new millennial meccas!
Largest share of millennial mortgages
Tony Frenzel
1. Appleton, WI
Median home list price: $150,000 Percentage of mortgages issued to millennials*: 57%
Appleton, WI
DenisTangneyJr/iStock
Millennials, it’s said, are a generation about instant gratification. They want everything, and they want it now. Broad generalizations, sure, but in Appleton, young home buyers really are focused on having it all.
“They want an updated home, something with a new kitchen, updated bathrooms, and a large yard,” says Carolyn Stark, a real estate agent at Keller Williams Fox Cities. “You can see the look on their faces when they see places that have been renovated, and have new flooring and carpet—that makes them happy.”
Suburban communities in Appleton with lots of move-in-ready houses, for example in Kimberly, WI, are in high demand.  Young buyers with families love the public school system, the short drive from the city center—and the fact that the median home price is an affordable $145,000, according to realtor.com.
There are also plenty of things for the younger crowd to do. You catch them flocking to the Appleton Beer Factory, a brewpub downtown that serves up burgers, fries, and, of course, beer, or boating or jet-skiing on nearby Lake Winnebago.
And the locals aren’t shy around their alcohol. In 2016, 24/7 Wall Street named Appleton the Drunkest City in America—a title that doesn’t seem to bother this crowd much.
2. Des Moines, IA
Median home list price: $294,000 Percentage of mortgages issued to millennials: 56.9%
Des Moines, IA
Davel5957/iStock
Renting in Des Moines isn’t what it use to be—it’s a whole lot more expensive. The median monthly rent price here is now $996, up 6.8% from a year ago, according to the latest U.S. Department of Housing and Urban Development numbers. And so a lot of these buyers have wised up and realized that rent is often higher than a mortgage.
“The cost of a lease keeps going up,” says Bryan Curtis, a broker at Attain RE in Des Moines. “People are looking at the grand scheme of things when it comes to their finances, and see [buying a home as] one of the best investments.”
Now, Des Moines isn’t exactly cheap. The median home price is a bit higher than the national median of $279,900, according to realtor.com data. But many first-time buyers are taking advantage of federally backed mortgage loans that don’t require the 20% down payment, Curtis says. They can put down as little as 3% if they qualify for the right loans.
That’s not to say that many buyers can’t afford larger down payments. There are plenty of good jobs in the area, including those at Meredith Corp., which, after its purchase of Time, Inc., is now America’s largest magazine publisher. A gig at Progressive Farmer, perhaps?
“It’s still affordable to own a home in Iowa. That is what’s driving people here,” Curtis says.
3. Utica, NY
Median home list price: $139,500 Percentage of mortgages issued to millennials: 56.8%
Utica, NY
DenisTangneyJr/iStock
For much of the 20th century, Utica was known as the Sin City of the East. The city’s mob oversaw a slew of illegal activities in the area. But the only mob you’ll find in Utica now is the huge number of younger buyers chasing the newest listings in this city about four and a half hours north of New York City.
These days, millennials might know Utica best as the home of one of the worst branches of Dunder Mifflin, the fictional paper company featured on “The Office.”
Of the places we ranked, Utica has by far the lowest home price.  Around the city’s median price point, you’ll find lots of older, single-family homes in the upstate city’s downtown.
Those willing to drop a bit more cash can get a much swankier home. Take this brick, two-story, four-bedroom home of 2,400 square feet, priced at $297,000. The home has a koi pond and a winding rock pathway that leads right up to the front door.
4. Provo, UT
Median home list price: $376,700 Percentage of mortgages issued to millennials: 56.5%
Provo, UT
DenisTangneyJr/iStock
Most of the places on our list are all about reasonably priced housing. The exception is Provo, where home prices are almost $100,000 more than the national median.
But high prices aren’t locking younger buyers out of the market here, because wages are also good. The city is home to Brigham Young University, Ancestry.com, and plenty of start-ups where computer coders can earn a fine living. That earned the city a spot on our our ranking of top metros for the middle class.
Provo homes cost a bit less than those in nearby Salt Lake City, at a median nearly $394,000. The larger city, about 45 minutes north, was ranked as one of the toughest housing markets for millennials by realtor.com.
Many first-time buyers are moving to more family-friendly, suburban communities like Cedar Hills, around 25 minutes from downtown Provo, where they can snag larger homes. Just look at this 3,400 square-foot, five-bedroom Rambler-style home, priced at $479,000.
And all the 1990s kids who grew up watching “Jurassic Park” over and over are sure to dig (get it?) the dino fossils at the Brigham Young University Museum of Paleontology.
5. Duluth, MN
Median home list price: $175,000 Percentage of mortgages issued to millennials: 56.3%
Duluth, MN
Jacob Boomsma/iStock
Located on the banks of Lake Superior and in the state of 10,000 Lakes, Duluth is perfect for millennials who want to be far away from city life.
The homes younger buyers are gravitating to reflect that outdoor lifestyle. There are lots of affordable cabins in the woods, or two-story homes on huge sprawling properties with a lake or two in the backyard.
The younger crowd can make good money here. The area is home to one of the Midwest’s largest ports, and it has a strong manufacturing and aviation sector. Lots of big-name engineering firms, like Enbridge and Barr Engineering, have offices here too.
6. Lafayette, LA
Median home list price: $210,100 Percentage of mortgages issued to millennials: 56.3%
Lafayette, LA
lucentius/iStock
For many Californians or New Yorkers, owning a home by the time they reach 30 can seem like climbing K2. But by that age in Lafayette, buyers have often bought their second home already, says Justin Netterville, a local real estate agent at Rome Realty.
“They want open floor plans, everything updated over [the last] five years, granite countertops, and 1,700 to 2,200 square feet, because they probably have two kids at that point,” he says. And they can get it without breaking the bank.
The area has lots of oil field and machine shop jobs that pay entry-level wages of between $30,000 to $50,000—enough in this market to qualify for a first-time mortgage. But buyers had better be quick. One-story ranches in the suburbs for under $200,000 are moving off the market at a rapid pace, Netterville says.
Lafayette offers things for families to do as well. To escape the summer heat, residents can stop by the family-fave Borden’s Ice Cream. And it wouldn’t be Louisiana without a few alligator exhibits, like the one on the campus of the University of Louisiana at Lafayette. Full disclosure: In 2016 one these critters escaped and took a stroll around campus.
7. Lancaster, PA
Median home list price: $275,000 Percentage of mortgages issued to millennials: 56%
Lancaster, PA
DenisTangneyJr/iStock
Lancaster’s location, about an hour and a half from Philadelphia and just over two hours from NYC and DC, makes it appealing for buyers fleeing those higher-priced cities. However, these transplants are still city folk at heart, so they’re often buying homes downtown.
“It feels like half of New York is moving here, because everything there is so darn expensive,” says Darrell Coyle, a local real estate agent at Charles & Associates. “They can’t get a doghouse in New York for the price [of Lancaster homes].”
These buyers want townhomes with character built in the early 1900s, Coyle says.
“The younger folks want to live in the historic district and walk to the nightlife, great restaurants, and shopping,” Coyle says of the downtown, which is undergoing a resurgence. “The city has rooftop bars with grass yards that overlook the city.”
Just outside the city is the country’s oldest Amish settlement. Locals can stop by and snag the best Whoopie Pie of their lives—a treat some claim originated in Lancaster County. Just be mindful of the horses and buggies.
8. Kalamazoo, MI
Median home list price: $245,100 Percentage of mortgages issued to millennials: 55.5%
Kalamazoo, MI
DenisTangneyJr/iStock
Lovers of Starbucks’ Peppermint Mocha can thank Kalamazoo for those minty, buzzy beverages. In the late 19th century, Albert Todd (aka the Peppermint King of Kalamazoo,) refined peppermint flavoring. But nowadays, the region is leading the pack for something just as sweet: homeownership.
Millennials here are snapping up homes left and right. Some of that is due to the fact that the increasing rents have made homeownership ever more appealing. (The median monthly rent climbed to $936, up 4.1% from a year ago, according to the U.S. Department of Housing and Urban Development).
But that’s not all. Homes here are reasonably priced, and the huge life sciences industry—pharmaceuticals, biotechnology, and biomedical firms— put these millennials in a position to afford them.
Some of the younger folks also may have larger down payments thanks to the Kalamazoo Promise. It covers up to 100% of tuition and fees for locals to attend public colleges in the state—a great deal for those who don’t want to rack up student loan debt.
9. Lincoln, NE
Median home list price: $313,800 Percentage of mortgages issued to millennials: 55.4%
Lincoln, NE
RiverNorthPhotography/iStock
Many young people here are in a good place to transition to homeownership, particularly if they work in the region’s burgeoning tech hub. Lincoln and other Midwest cities, like the Omaha area, have gained the nickname Silicon Prairie, thanks to schools like the University of Nebraska-Lincoln churning out skilled graduates.
That’s partly behind the uptick in millennials closing on homes of their own, says Mark Meierdierks, a real estate agent at Nebraska Realty.
Many are trying to buy in neighborhoods like Highlands, about a 15-minute commute from downtown. It’s filled with both one-story ranches and two-story split-level homes. Most of the community’s homes were built in the 1970s and ’80s, and if the home has been remodeled, it will catch this age group’s attention, Meierdierks says.
“Their parents had a good house, so they want what their parents had, and they can afford to buy it now,” Meierdierks says. “They want to live the American dream.”
10. Evansville, IN
Median home list price: $170,800 Percentage of mortgages issued to millennials: 55.2%
Evansville, IN
DenisTangneyJr/iStock
Evansville is located right on the banks of the Ohio River in southern Indiana. The downtown is full of single-family homes that date back about 100 years, many with views of the river that weaves through the region. There are plenty of new or newly remodeled homes, too, with the open designs that millennial buyers crave.
The strong economy has put cash in the hands of younger folks here. The region is the headquarters for companies like Accuride Corporation, a vehicle components supplier, and Berry Global, a Fortune 500 plastic packaging maker.
“Evansville is a very affordable city,” says local real estate agent Trae Dauby of Keller Williams Capital Realty.  “The bulk of our buyers right now are first-time home buyers, probably between the ages of 22 and 35.”
They’re typically local couples scooping up two- and three-bedroom houses on the suburban outskirts of the city, he says.
Buyers with some cash left over can head over to the Tropicana Evansville, a 45,000-square-foot casino in downtown. And sports fans can root for one of the local teams, like the Evansville Thunderbolts, a minor league hockey team, or the city’s minor league baseball team. Go, Otters!
* Calculated using using Optimal Blue mortgage data.
The post Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers appeared first on Real Estate News & Insights | realtor.com®.
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realestateagent532 · 6 years
Text
Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers
iStock; realtor.com
Last fall, Kit Kester, 32, and his wife decided it was time to make the giant leap into first-time homeownership. But they didn’t consider relocating to job-packed San Francisco, breakfast-taco-loving Austin, TX, mustache-obsessed Williamsburg, Brooklyn, or any of the other infamous millennial hotspots across the United States. Instead they centered their search on their hometown of Lincoln, NE. By October, they had purchased a three-bedroom, split-level home in the suburban neighborhood of Highlands for $180,000.
“We got tired of paying rent and throwing money away,” says the maintenance supervisor and father of a young child. “And we really liked the idea of having a home for my daughter to grow up in.”
Millennials bought 36% of homes last year, the highest share of any generational group, according to the National Association of Realtors®. Of that 36%, 65% went to first-time home buyers. But this vast army of buyers faces some unique challenges in their transition from renters to owners, including crushing debt loads and one of the tightest and most competitive housing markets in history. They may be buying homes in big numbers, but they can’t afford to do so in the nation’s largest, most expensive cities. Instead, many younger buyers are opting for more affordable—and unexpected—parts of the country.
But where? The data team at realtor.com decided to find out where younger Americans make up the largest percentage of purchasers, by looking at who is getting mortgages and where they’re getting ’em.
What we found flies in the face of conventional wisdom.
“At the end of the day, it comes down to what they can afford,” says Roger Ma, a real estate agent and owner of Life Laid Out, a New York-based company that helps people reach their financial goals. “They might have started their careers in very expensive metros areas like [Washington] DC or San Francisco. But as they age, they often want to settle down and look for a home in a reasonably priced location.”
We used Pew Research Center’s definition of millennials: those born between 1981 and 1996—who are now anywhere from 22 to the ripe old age of 36.Then we calculated the share of buyers within that age group who bought homes over the past 12 months in the 200 largest housing markets.
Now let’s take a tour of the new millennial meccas!
Largest share of millennial mortgages
Tony Frenzel
1. Appleton, WI
Median home list price: $150,000 Percentage of mortgages issued to millennials*: 57%
Appleton, WI
DenisTangneyJr/iStock
Millennials, it’s said, are a generation about instant gratification. They want everything, and they want it now. Broad generalizations, sure, but in Appleton, young home buyers really are focused on having it all.
“They want an updated home, something with a new kitchen, updated bathrooms, and a large yard,” says Carolyn Stark, a real estate agent at Keller Williams Fox Cities. “You can see the look on their faces when they see places that have been renovated, and have new flooring and carpet—that makes them happy.”
Suburban communities in Appleton with lots of move-in-ready houses, for example in Kimberly, WI, are in high demand.  Young buyers with families love the public school system, the short drive from the city center—and the fact that the median home price is an affordable $145,000, according to realtor.com.
There are also plenty of things for the younger crowd to do. You catch them flocking to the Appleton Beer Factory, a brewpub downtown that serves up burgers, fries, and, of course, beer, or boating or jet-skiing on nearby Lake Winnebago.
And the locals aren’t shy around their alcohol. In 2016, 24/7 Wall Street named Appleton the Drunkest City in America—a title that doesn’t seem to bother this crowd much.
2. Des Moines, IA
Median home list price: $294,000 Percentage of mortgages issued to millennials: 56.9%
Des Moines, IA
Davel5957/iStock
Renting in Des Moines isn’t what it use to be—it’s a whole lot more expensive. The median monthly rent price here is now $996, up 6.8% from a year ago, according to the latest U.S. Department of Housing and Urban Development numbers. And so a lot of these buyers have wised up and realized that rent is often higher than a mortgage.
“The cost of a lease keeps going up,” says Bryan Curtis, a broker at Attain RE in Des Moines. “People are looking at the grand scheme of things when it comes to their finances, and see [buying a home as] one of the best investments.”
Now, Des Moines isn’t exactly cheap. The median home price is a bit higher than the national median of $279,900, according to realtor.com data. But many first-time buyers are taking advantage of federally backed mortgage loans that don’t require the 20% down payment, Curtis says. They can put down as little as 3% if they qualify for the right loans.
That’s not to say that many buyers can’t afford larger down payments. There are plenty of good jobs in the area, including those at Meredith Corp., which, after its purchase of Time, Inc., is now America’s largest magazine publisher. A gig at Progressive Farmer, perhaps?
“It’s still affordable to own a home in Iowa. That is what’s driving people here,” Curtis says.
3. Utica, NY
Median home list price: $139,500 Percentage of mortgages issued to millennials: 56.8%
Utica, NY
DenisTangneyJr/iStock
For much of the 20th century, Utica was known as the Sin City of the East. The city’s mob oversaw a slew of illegal activities in the area. But the only mob you’ll find in Utica now is the huge number of younger buyers chasing the newest listings in this city about four and a half hours north of New York City.
These days, millennials might know Utica best as the home of one of the worst branches of Dunder Mifflin, the fictional paper company featured on “The Office.”
Of the places we ranked, Utica has by far the lowest home price.  Around the city’s median price point, you’ll find lots of older, single-family homes in the upstate city’s downtown.
Those willing to drop a bit more cash can get a much swankier home. Take this brick, two-story, four-bedroom home of 2,400 square feet, priced at $297,000. The home has a koi pond and a winding rock pathway that leads right up to the front door.
4. Provo, UT
Median home list price: $376,700 Percentage of mortgages issued to millennials: 56.5%
Provo, UT
DenisTangneyJr/iStock
Most of the places on our list are all about reasonably priced housing. The exception is Provo, where home prices are almost $100,000 more than the national median.
But high prices aren’t locking younger buyers out of the market here, because wages are also good. The city is home to Brigham Young University, Ancestry.com, and plenty of start-ups where computer coders can earn a fine living. That earned the city a spot on our our ranking of top metros for the middle class.
Provo homes cost a bit less than those in nearby Salt Lake City, at a median nearly $394,000. The larger city, about 45 minutes north, was ranked as one of the toughest housing markets for millennials by realtor.com.
Many first-time buyers are moving to more family-friendly, suburban communities like Cedar Hills, around 25 minutes from downtown Provo, where they can snag larger homes. Just look at this 3,400 square-foot, five-bedroom Rambler-style home, priced at $479,000.
And all the 1990s kids who grew up watching “Jurassic Park” over and over are sure to dig (get it?) the dino fossils at the Brigham Young University Museum of Paleontology.
5. Duluth, MN
Median home list price: $175,000 Percentage of mortgages issued to millennials: 56.3%
Duluth, MN
Jacob Boomsma/iStock
Located on the banks of Lake Superior and in the state of 10,000 Lakes, Duluth is perfect for millennials who want to be far away from city life.
The homes younger buyers are gravitating to reflect that outdoor lifestyle. There are lots of affordable cabins in the woods, or two-story homes on huge sprawling properties with a lake or two in the backyard.
The younger crowd can make good money here. The area is home to one of the Midwest’s largest ports, and it has a strong manufacturing and aviation sector. Lots of big-name engineering firms, like Enbridge and Barr Engineering, have offices here too.
6. Lafayette, LA
Median home list price: $210,100 Percentage of mortgages issued to millennials: 56.3%
Lafayette, LA
lucentius/iStock
For many Californians or New Yorkers, owning a home by the time they reach 30 can seem like climbing K2. But by that age in Lafayette, buyers have often bought their second home already, says Justin Netterville, a local real estate agent at Rome Realty.
“They want open floor plans, everything updated over [the last] five years, granite countertops, and 1,700 to 2,200 square feet, because they probably have two kids at that point,” he says. And they can get it without breaking the bank.
The area has lots of oil field and machine shop jobs that pay entry-level wages of between $30,000 to $50,000—enough in this market to qualify for a first-time mortgage. But buyers had better be quick. One-story ranches in the suburbs for under $200,000 are moving off the market at a rapid pace, Netterville says.
Lafayette offers things for families to do as well. To escape the summer heat, residents can stop by the family-fave Borden’s Ice Cream. And it wouldn’t be Louisiana without a few alligator exhibits, like the one on the campus of the University of Louisiana at Lafayette. Full disclosure: In 2016 one these critters escaped and took a stroll around campus.
7. Lancaster, PA
Median home list price: $275,000 Percentage of mortgages issued to millennials: 56%
Lancaster, PA
DenisTangneyJr/iStock
Lancaster’s location, about an hour and a half from Philadelphia and just over two hours from NYC and DC, makes it appealing for buyers fleeing those higher-priced cities. However, these transplants are still city folk at heart, so they’re often buying homes downtown.
“It feels like half of New York is moving here, because everything there is so darn expensive,” says Darrell Coyle, a local real estate agent at Charles & Associates. “They can’t get a doghouse in New York for the price [of Lancaster homes].”
These buyers want townhomes with character built in the early 1900s, Coyle says.
“The younger folks want to live in the historic district and walk to the nightlife, great restaurants, and shopping,” Coyle says of the downtown, which is undergoing a resurgence. “The city has rooftop bars with grass yards that overlook the city.”
Just outside the city is the country’s oldest Amish settlement. Locals can stop by and snag the best Whoopie Pie of their lives—a treat some claim originated in Lancaster County. Just be mindful of the horses and buggies.
8. Kalamazoo, MI
Median home list price: $245,100 Percentage of mortgages issued to millennials: 55.5%
Kalamazoo, MI
DenisTangneyJr/iStock
Lovers of Starbucks’ Peppermint Mocha can thank Kalamazoo for those minty, buzzy beverages. In the late 19th century, Albert Todd (aka the Peppermint King of Kalamazoo,) refined peppermint flavoring. But nowadays, the region is leading the pack for something just as sweet: homeownership.
Millennials here are snapping up homes left and right. Some of that is due to the fact that the increasing rents have made homeownership ever more appealing. (The median monthly rent climbed to $936, up 4.1% from a year ago, according to the U.S. Department of Housing and Urban Development).
But that’s not all. Homes here are reasonably priced, and the huge life sciences industry—pharmaceuticals, biotechnology, and biomedical firms— put these millennials in a position to afford them.
Some of the younger folks also may have larger down payments thanks to the Kalamazoo Promise. It covers up to 100% of tuition and fees for locals to attend public colleges in the state—a great deal for those who don’t want to rack up student loan debt.
9. Lincoln, NE
Median home list price: $313,800 Percentage of mortgages issued to millennials: 55.4%
Lincoln, NE
RiverNorthPhotography/iStock
Many young people here are in a good place to transition to homeownership, particularly if they work in the region’s burgeoning tech hub. Lincoln and other Midwest cities, like the Omaha area, have gained the nickname Silicon Prairie, thanks to schools like the University of Nebraska-Lincoln churning out skilled graduates.
That’s partly behind the uptick in millennials closing on homes of their own, says Mark Meierdierks, a real estate agent at Nebraska Realty.
Many are trying to buy in neighborhoods like Highlands, about a 15-minute commute from downtown. It’s filled with both one-story ranches and two-story split-level homes. Most of the community’s homes were built in the 1970s and ’80s, and if the home has been remodeled, it will catch this age group’s attention, Meierdierks says.
“Their parents had a good house, so they want what their parents had, and they can afford to buy it now,” Meierdierks says. “They want to live the American dream.”
10. Evansville, IN
Median home list price: $170,800 Percentage of mortgages issued to millennials: 55.2%
Evansville, IN
DenisTangneyJr/iStock
Evansville is located right on the banks of the Ohio River in southern Indiana. The downtown is full of single-family homes that date back about 100 years, many with views of the river that weaves through the region. There are plenty of new or newly remodeled homes, too, with the open designs that millennial buyers crave.
The strong economy has put cash in the hands of younger folks here. The region is the headquarters for companies like Accuride Corporation, a vehicle components supplier, and Berry Global, a Fortune 500 plastic packaging maker.
“Evansville is a very affordable city,” says local real estate agent Trae Dauby of Keller Williams Capital Realty.  “The bulk of our buyers right now are first-time home buyers, probably between the ages of 22 and 35.”
They’re typically local couples scooping up two- and three-bedroom houses on the suburban outskirts of the city, he says.
Buyers with some cash left over can head over to the Tropicana Evansville, a 45,000-square-foot casino in downtown. And sports fans can root for one of the local teams, like the Evansville Thunderbolts, a minor league hockey team, or the city’s minor league baseball team. Go, Otters!
* Calculated using using Optimal Blue mortgage data.
The post Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers appeared first on Real Estate News & Insights | realtor.com®.
from DIYS https://ift.tt/2r9MEpr
0 notes
Text
Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers
iStock; realtor.com
Last fall, Kit Kester, 32, and his wife decided it was time to make the giant leap into first-time homeownership. But they didn’t consider relocating to job-packed San Francisco, breakfast-taco-loving Austin, TX, mustache-obsessed Williamsburg, Brooklyn, or any of the other infamous millennial hotspots across the United States. Instead they centered their search on their hometown of Lincoln, NE. By October, they had purchased a three-bedroom, split-level home in the suburban neighborhood of Highlands for $180,000.
“We got tired of paying rent and throwing money away,” says the maintenance supervisor and father of a young child. “And we really liked the idea of having a home for my daughter to grow up in.”
Millennials bought 36% of homes last year, the highest share of any generational group, according to the National Association of Realtors®. Of that 36%, 65% went to first-time home buyers. But this vast army of buyers faces some unique challenges in their transition from renters to owners, including crushing debt loads and one of the tightest and most competitive housing markets in history. They may be buying homes in big numbers, but they can’t afford to do so in the nation’s largest, most expensive cities. Instead, many younger buyers are opting for more affordable—and unexpected—parts of the country.
But where? The data team at realtor.com decided to find out where younger Americans make up the largest percentage of purchasers, by looking at who is getting mortgages and where they’re getting ’em.
What we found flies in the face of conventional wisdom.
“At the end of the day, it comes down to what they can afford,” says Roger Ma, a real estate agent and owner of Life Laid Out, a New York-based company that helps people reach their financial goals. “They might have started their careers in very expensive metros areas like [Washington] DC or San Francisco. But as they age, they often want to settle down and look for a home in a reasonably priced location.”
We used Pew Research Center’s definition of millennials: those born between 1981 and 1996—who are now anywhere from 22 to the ripe old age of 36.Then we calculated the share of buyers within that age group who bought homes over the past 12 months in the 200 largest housing markets.
Now let’s take a tour of the new millennial meccas!
Largest share of millennial mortgages
Tony Frenzel
1. Appleton, WI
Median home list price: $150,000 Percentage of mortgages issued to millennials*: 57%
Appleton, WI
DenisTangneyJr/iStock
Millennials, it’s said, are a generation about instant gratification. They want everything, and they want it now. Broad generalizations, sure, but in Appleton, young home buyers really are focused on having it all.
“They want an updated home, something with a new kitchen, updated bathrooms, and a large yard,” says Carolyn Stark, a real estate agent at Keller Williams Fox Cities. “You can see the look on their faces when they see places that have been renovated, and have new flooring and carpet—that makes them happy.”
Suburban communities in Appleton with lots of move-in-ready houses, for example in Kimberly, WI, are in high demand.  Young buyers with families love the public school system, the short drive from the city center—and the fact that the median home price is an affordable $145,000, according to realtor.com.
There are also plenty of things for the younger crowd to do. You catch them flocking to the Appleton Beer Factory, a brewpub downtown that serves up burgers, fries, and, of course, beer, or boating or jet-skiing on nearby Lake Winnebago.
And the locals aren’t shy around their alcohol. In 2016, 24/7 Wall Street named Appleton the Drunkest City in America—a title that doesn’t seem to bother this crowd much.
2. Des Moines, IA
Median home list price: $294,000 Percentage of mortgages issued to millennials: 56.9%
Des Moines, IA
Davel5957/iStock
Renting in Des Moines isn’t what it use to be—it’s a whole lot more expensive. The median monthly rent price here is now $996, up 6.8% from a year ago, according to the latest U.S. Department of Housing and Urban Development numbers. And so a lot of these buyers have wised up and realized that rent is often higher than a mortgage.
“The cost of a lease keeps going up,” says Bryan Curtis, a broker at Attain RE in Des Moines. “People are looking at the grand scheme of things when it comes to their finances, and see [buying a home as] one of the best investments.”
Now, Des Moines isn’t exactly cheap. The median home price is a bit higher than the national median of $279,900, according to realtor.com data. But many first-time buyers are taking advantage of federally backed mortgage loans that don’t require the 20% down payment, Curtis says. They can put down as little as 3% if they qualify for the right loans.
That’s not to say that many buyers can’t afford larger down payments. There are plenty of good jobs in the area, including those at Meredith Corp., which, after its purchase of Time, Inc., is now America’s largest magazine publisher. A gig at Progressive Farmer, perhaps?
“It’s still affordable to own a home in Iowa. That is what’s driving people here,” Curtis says.
3. Utica, NY
Median home list price: $139,500 Percentage of mortgages issued to millennials: 56.8%
Utica, NY
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For much of the 20th century, Utica was known as the Sin City of the East. The city’s mob oversaw a slew of illegal activities in the area. But the only mob you’ll find in Utica now is the huge number of younger buyers chasing the newest listings in this city about four and a half hours north of New York City.
These days, millennials might know Utica best as the home of one of the worst branches of Dunder Mifflin, the fictional paper company featured on “The Office.”
Of the places we ranked, Utica has by far the lowest home price.  Around the city’s median price point, you’ll find lots of older, single-family homes in the upstate city’s downtown.
Those willing to drop a bit more cash can get a much swankier home. Take this brick, two-story, four-bedroom home of 2,400 square feet, priced at $297,000. The home has a koi pond and a winding rock pathway that leads right up to the front door.
4. Provo, UT
Median home list price: $376,700 Percentage of mortgages issued to millennials: 56.5%
Provo, UT
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Most of the places on our list are all about reasonably priced housing. The exception is Provo, where home prices are almost $100,000 more than the national median.
But high prices aren’t locking younger buyers out of the market here, because wages are also good. The city is home to Brigham Young University, Ancestry.com, and plenty of start-ups where computer coders can earn a fine living. That earned the city a spot on our our ranking of top metros for the middle class.
Provo homes cost a bit less than those in nearby Salt Lake City, at a median nearly $394,000. The larger city, about 45 minutes north, was ranked as one of the toughest housing markets for millennials by realtor.com.
Many first-time buyers are moving to more family-friendly, suburban communities like Cedar Hills, around 25 minutes from downtown Provo, where they can snag larger homes. Just look at this 3,400 square-foot, five-bedroom Rambler-style home, priced at $479,000.
And all the 1990s kids who grew up watching “Jurassic Park” over and over are sure to dig (get it?) the dino fossils at the Brigham Young University Museum of Paleontology.
5. Duluth, MN
Median home list price: $175,000 Percentage of mortgages issued to millennials: 56.3%
Duluth, MN
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Located on the banks of Lake Superior and in the state of 10,000 Lakes, Duluth is perfect for millennials who want to be far away from city life.
The homes younger buyers are gravitating to reflect that outdoor lifestyle. There are lots of affordable cabins in the woods, or two-story homes on huge sprawling properties with a lake or two in the backyard.
The younger crowd can make good money here. The area is home to one of the Midwest’s largest ports, and it has a strong manufacturing and aviation sector. Lots of big-name engineering firms, like Enbridge and Barr Engineering, have offices here too.
6. Lafayette, LA
Median home list price: $210,100 Percentage of mortgages issued to millennials: 56.3%
Lafayette, LA
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For many Californians or New Yorkers, owning a home by the time they reach 30 can seem like climbing K2. But by that age in Lafayette, buyers have often bought their second home already, says Justin Netterville, a local real estate agent at Rome Realty.
“They want open floor plans, everything updated over [the last] five years, granite countertops, and 1,700 to 2,200 square feet, because they probably have two kids at that point,” he says. And they can get it without breaking the bank.
The area has lots of oil field and machine shop jobs that pay entry-level wages of between $30,000 to $50,000—enough in this market to qualify for a first-time mortgage. But buyers had better be quick. One-story ranches in the suburbs for under $200,000 are moving off the market at a rapid pace, Netterville says.
Lafayette offers things for families to do as well. To escape the summer heat, residents can stop by the family-fave Borden’s Ice Cream. And it wouldn’t be Louisiana without a few alligator exhibits, like the one on the campus of the University of Louisiana at Lafayette. Full disclosure: In 2016 one these critters escaped and took a stroll around campus.
7. Lancaster, PA
Median home list price: $275,000 Percentage of mortgages issued to millennials: 56%
Lancaster, PA
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Lancaster’s location, about an hour and a half from Philadelphia and just over two hours from NYC and DC, makes it appealing for buyers fleeing those higher-priced cities. However, these transplants are still city folk at heart, so they’re often buying homes downtown.
“It feels like half of New York is moving here, because everything there is so darn expensive,” says Darrell Coyle, a local real estate agent at Charles & Associates. “They can’t get a doghouse in New York for the price [of Lancaster homes].”
These buyers want townhomes with character built in the early 1900s, Coyle says.
“The younger folks want to live in the historic district and walk to the nightlife, great restaurants, and shopping,” Coyle says of the downtown, which is undergoing a resurgence. “The city has rooftop bars with grass yards that overlook the city.”
Just outside the city is the country’s oldest Amish settlement. Locals can stop by and snag the best Whoopie Pie of their lives—a treat some claim originated in Lancaster County. Just be mindful of the horses and buggies.
8. Kalamazoo, MI
Median home list price: $245,100 Percentage of mortgages issued to millennials: 55.5%
Kalamazoo, MI
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Lovers of Starbucks’ Peppermint Mocha can thank Kalamazoo for those minty, buzzy beverages. In the late 19th century, Albert Todd (aka the Peppermint King of Kalamazoo,) refined peppermint flavoring. But nowadays, the region is leading the pack for something just as sweet: homeownership.
Millennials here are snapping up homes left and right. Some of that is due to the fact that the increasing rents have made homeownership ever more appealing. (The median monthly rent climbed to $936, up 4.1% from a year ago, according to the U.S. Department of Housing and Urban Development).
But that’s not all. Homes here are reasonably priced, and the huge life sciences industry—pharmaceuticals, biotechnology, and biomedical firms— put these millennials in a position to afford them.
Some of the younger folks also may have larger down payments thanks to the Kalamazoo Promise. It covers up to 100% of tuition and fees for locals to attend public colleges in the state—a great deal for those who don’t want to rack up student loan debt.
9. Lincoln, NE
Median home list price: $313,800 Percentage of mortgages issued to millennials: 55.4%
Lincoln, NE
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Many young people here are in a good place to transition to homeownership, particularly if they work in the region’s burgeoning tech hub. Lincoln and other Midwest cities, like the Omaha area, have gained the nickname Silicon Prairie, thanks to schools like the University of Nebraska-Lincoln churning out skilled graduates.
That’s partly behind the uptick in millennials closing on homes of their own, says Mark Meierdierks, a real estate agent at Nebraska Realty.
Many are trying to buy in neighborhoods like Highlands, about a 15-minute commute from downtown. It’s filled with both one-story ranches and two-story split-level homes. Most of the community’s homes were built in the 1970s and ’80s, and if the home has been remodeled, it will catch this age group’s attention, Meierdierks says.
“Their parents had a good house, so they want what their parents had, and they can afford to buy it now,” Meierdierks says. “They want to live the American dream.”
10. Evansville, IN
Median home list price: $170,800 Percentage of mortgages issued to millennials: 55.2%
Evansville, IN
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Evansville is located right on the banks of the Ohio River in southern Indiana. The downtown is full of single-family homes that date back about 100 years, many with views of the river that weaves through the region. There are plenty of new or newly remodeled homes, too, with the open designs that millennial buyers crave.
The strong economy has put cash in the hands of younger folks here. The region is the headquarters for companies like Accuride Corporation, a vehicle components supplier, and Berry Global, a Fortune 500 plastic packaging maker.
“Evansville is a very affordable city,” says local real estate agent Trae Dauby of Keller Williams Capital Realty.  “The bulk of our buyers right now are first-time home buyers, probably between the ages of 22 and 35.”
They’re typically local couples scooping up two- and three-bedroom houses on the suburban outskirts of the city, he says.
Buyers with some cash left over can head over to the Tropicana Evansville, a 45,000-square-foot casino in downtown. And sports fans can root for one of the local teams, like the Evansville Thunderbolts, a minor league hockey team, or the city’s minor league baseball team. Go, Otters!
* Calculated using using Optimal Blue mortgage data.
The post Forget SF, Goodbye NYC! You Won’t Believe the New Millennial Magnets for Home Buyers appeared first on Real Estate News & Insights | realtor.com®.
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robertsbig60 · 3 days
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We Buy Houses in Oak Cliff, Save Money
We Buy Houses in Oak Cliff, Save Money
When selling your house, things can get expensive quickly. That said, there are some ways you can save money when trying to sell your house in Oak Cliff area. In our latest post, here at We Buy Houses Cash Dallas, we will explore ways you can save money one of which is “we buy houses in Oak Cliff”! When selling your house in Oak Cliff, every dollar counts. There are common things you can avoid…
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fivestarprops · 7 months
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How To Sell A House Fast In Cedar Hill | Five Star Properties
Are you a looking for a quick and easy way to sell your home in Cedar Hill? Here’s how you can sell your home for fair cash in less than 30 days. At Five Star Properties, we buy houses in any condition. There are no commissions or closing costs. Call us and ask: “Can I sell my house fast in Cedar Hill?” We’ll get back to you with an all-cash offer. Visit https://fivestarprops.com/ to learn more about how we work.
Contact Info: Five Star Properties 1200 Jupiter Rd #941811 Plano, TX , USA- 75094 Call: (972) 532-7355
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tamboradventure · 5 years
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Announcing My Summer Book Tour
Posted: 6/19/2019 | June 19th, 2019
Last month, I announced the release of my next book, Ten Years a Nomad: A Traveler’s Journey Home.
It’s about how I became a traveler, my life as a backpacker, all the lessons I learned, and what those lessons mean for travelers. It features stories I’ve never told and goes deeper into my philosophy on travel than I ever have on this blog.
This book follows the “emotional” journey of a trip around the world: getting the bug, the planning, setting off, the highs, the lows, the friends, what happens when you come back — and the lessons and advice that come with all that.
And the early reviews have been pretty good!
“In his heartfelt explanation and exploration, Matt runs through just why he’s been out there, backpacking the world for 10 years. By the end we’ve definitely realized, like Matt, how important travel is and how getting out there, on the road, can make you, me and the world a better place. It’s a great pity certain people at the very top of the world’s power pyramid never had just a little taste of the nomadic experience.” – Tony Wheeler, founder of Lonely Planet
“Throughout his ruminations on how travel affected him, Kepnes interweaves his tales of friends, girlfriends, and great loves discovered among exotic backdrops and how starting a blog (nomadicmatt.com) about his adventures altered the way he traveled. His story is one of heartbreak, self-discovery, and the constant travel itch he had to scratch in order to become the man he was supposed to be. An entertaining, quick read by a man who did what many of us only dream about.” – Kirkus Book Reviews
The book comes out July 16th and I’ll be doing a book tour across the United States and Canada over the course of the summer!
If you want to join the book tour, here are our dates:
Ten Years a Nomad Book Tour
July 16 New York, NY: The Strand Bookstore @ 7pm EVENT DETAILS July 17 Boston, MA: The Harvard Coop @ 7pm EVENT DETAILS July 18 Philadelphia, PA: Penn Book Center @ 6:30pm EVENT DETAILS July 22 Washington DC: Politics and Prose at the Wharf @ 7pm EVENT DETAILS July 23 Miami, FL: Books & Books @ 8pm EVENT DETAILS July 24 Tampa, FL: LOCATION TBD EVENT DETAILS July 30 Detroit, MI: LOCATION TBD EVENT DETAILS July 31 Chicago, IL: City Lit Books @ 6:30pm EVENT DETAILS August 1 Dallas, TX: LOCATION TBD EVENT DETAILS August 5 Austin, TX: Book People @ 7pm EVENT DETAILS August 6 Houston, TX: Brazos Bookstore @ 6:30pm EVENT DETAILS August 7 Denver, CO: Tattered Cover – Historic Lodo @ 7pm EVENT DETAILS August 8 San Diego, CA: Warwick’s @ 7:30pm EVENT DETAILS August 12 Los Angeles, CA: The Last Bookstore @ 7:30pm EVENT DETAILS August 14 Portland, OR: Powell’s Books at Cedar Hills Crossing @ 7:30pm EVENT DETAILS August 15 San Francisco, CA: Book Passage at Corte Madera @ 7pm EVENT DETAILS August 16 Seattle, WA: Third Place Books @ 6pm EVENT DETAILS August 19 Vancouver, BC: LOCATION TBD EVENT DETAILS August 22 Calgary, AB: LOCATION TBD EVENT DETAILS August 26 Toronto, ON: LOCATION TBD EVENT DETAILS August 28 Montreal, QC: LOCATION TBD EVENT DETAILS
Hope to see you on the tour! It’s my first one in over four years and I’m very excited about it. It’s going to be a whirlwind!
And, as a reminder, I’m doing a pre-sale bonus so if you order the book in advance you can get free copies of my other books, one-on-one travel planning advice, free attendance at TravelCon, blogging courses, free hostel stays and flights, and more!
The packages are listed below. All you need to do to claim your bonuses is email me a copy of your receipt at [email protected].
The Basic Package (cost: $18, value: $48) Purchase one copy of the book and get:
How to Build a Travel Blog ebook (value: $9.99)
The Ultimate Guide to Travel Hacking ebook (value: $9.99)
27 Ways to Be a Master Traveler PDF (value: $5)
50 Inspiring Travel Books and Movies PDF (value: $5)
***BEST VALUE*** The Tenner (cost: $182, value: $794) Buy 10 copies of my book and get ALL THE ABOVE plus:
My 12 city and country guides (value: $150)
A signed copy of my book How to Travel the World on $50 a Day (value: $15)
A 15-minute planning call with me (ask me anything)! (value: $200)
The Business of Blogging course (value: $199)
The Bullseye (cost: $900, value: $2,493) Buy 50 copies of my book and get ALL THE ABOVE plus:
One ticket to TravelCon in Boston (value: $399)
A 30-minute planning call with me (ask me anything)! (value: $400)
SUPER BONUS! The Centennial (cost: $1,800, value: $7,193) Buy 100 copies of my book and get ALL THE ABOVE plus:
Lunch on me! I’ll come to your city and we’ll have lunch on me! (limited to those in the United States and Canada) (value: $2,000)
Round-trip airfare to TravelCon in Boston (from within the US and Canada) (value: $500)
One additional ticket to TravelCon in Boston (value: $399)
Conversely, if you’re not a blogger and don’t care about TravelCon, you’ll get four nights at any hostel in the United States and one round-trip domestic airfare.
SUPER BONUS! The Big Kahuna (cost: $4,500, value: $19,293) Buy 250 copies of my book and get ALL THE ABOVE plus:
I’ll come to speak at your event for free! (value: $5,000)
You’ll be flown to NYC (from within the US and Canada) the book launch party, put up in a hotel for two nights, and get dinner with me! (value: $3,000)
Note: All digital bonuses will be sent when you send the receipt. Travel arrangements will be worked out between you and me and are valid for six months after purchase (i.e., you have to make a booking by then).
Order the book today, get your bonuses, and share your love of travel!
  Want to Help Me Spread the Word About This Book?
I’m always looking for more opportunities to talk travel. Here’s how you can help me spread the word about the new book:
Want to interview me? If you have a blog, podcast, vlog, or Instagram channel and want to interview me about the book and travel, let me know at [email protected] using the subject line “Book Interview.” I’d love to talk with you!
Are you in the media and want to cover the book? If you work for a major media outlet and want to interview me about the book or would like to review the book, let me know at [email protected] using the subject line “Media Request.”
Know anyone that I should reach out to for promotion? If you have suggestions on people who would love a copy of this book and would be a good fit for promoting the book, let me know in the comments, or feel to email me at [email protected] with the subject line “Book Promotion Help.”
Book Your Trip: Logistical Tips and Tricks
Book Your Flight Find a cheap flight by using Skyscanner or Momondo. They are my two favorite search engines because they search websites and airlines around the globe so you always know no stone is left unturned.
Book Your Accommodation You can book your hostel with Hostelworld as they have the largest inventory. If you want to stay somewhere other than a hostel, use Booking.com as they consistently return the cheapest rates for guesthouses and cheap hotels. I use them all the time.
Don’t Forget Travel Insurance Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. I’ve been using World Nomads for ten years. My favorite companies that offer the best service and value are:
World Nomads (for everyone below 70)
Insure My Trip (for those over 70)
Looking for the best companies to save money with? Check out my resource page for the best companies to use when you travel! I list all the ones I use to save money when I travel – and that will save you time and money too!
The post Announcing My Summer Book Tour appeared first on Nomadic Matt's Travel Site.
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robertsbig60 · 4 days
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Sell My House Fast in Dallas, Tx., Hold a Property
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When you are thinking about selling your Dallas, Tx. house, be sure you know that you can “sell my house fast in Dallas, Tx.” Did you know that keeping the property might be costing you more than you think. In our latest post by We Buy Houses Cash Dallas, we take a look at the most common holding costs homeowners face when trying to sell their homes in Dallas, Tx. Holding costs can quickly eat…
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robertsbig60 · 9 days
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We Buy Houses in Dallas, Tx., With Tenants
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We Buy Houses in Oak Cliff, Run Your Numbers
We Buy Houses in Oak Cliff,
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robertsbig60 · 11 days
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Sell My House Fast in Dallas, Tx., Best Offer
Sell My House Fast in Dallas, Tx., Best Offer
There are many things to consider when choosing the right offer for your property. The best offer may not be the highest. In our latest post from We Buy Houses Cash Dallas, we will offer tips to help you when you say “sell my house fast in Dallas, Tx.” Having multiple offers or different options when it comes to selling is a dream come true! Every seller would love the problem of trying to…
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