Does “Aging in Place” Make the Most Sense?

by MyHomeIdaho | Feb 6, 2020 | Baby Boomers, Demographics, For Sellers, Generation X, Senior Market

A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a...

Should I Sell My House This Year?

by MyHomeIdaho | Jan 29, 2020 | Baby Boomers, For Sellers, Generation X, Millennials, Selling Myths

If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it...

First-Time Buyers Are Searching for Existing Homes This Year

by MyHomeIdaho | Jan 28, 2020 | First Time Home Buyers, For Sellers, Generation X, Millennials

In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase...

Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

by MyHomeIdaho | Jan 18, 2020 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Infographics, Millennials, Pricing

Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have...

5 Reasons to Consider Living in a Multigenerational Home

by MyHomeIdaho | Oct 24, 2019 | Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Millennials, Move-Up Buyers, Senior Market

Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the...

Americans’ Powerful Belief in Homeownership as an Investment

by MyHomeIdaho | Jul 12, 2019 | Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine...