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Even back in the mid-1800s, people knew that negative news sells. That is still true today. All forms of media realize that they will get more eyeballs, clicks, likes, and engagement by posting something negative. However, they must realize that negative headlines impact markets. Just last week, the National Association of Home Builders released a survey revealing: “Negative media reports making buyers cautious was a significant problem for 48% of builders in 2018, but 62% expect it to be a problem in 2019.” Even today, good news is headlined with a negative spin in order to get attention. Here are two recent examples from mainstream media: Cash-out refis are back – will homes become ATMs again? 2. Consumer Debt hits $4 Trillion. Americans are diving deeper and deeper into debt. Read More : The Enormous Divide Between the Headline and the Truth Website : Vantage realty professional Like on Facebook : Vantage realty professional | Facebook.com Follow on Twitter

Do 46 Million Millennials Know They Are Mortgage Ready? Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they do not still aspire to achieve those things. History shows that people tend to buy their first home around age 30. Nearly 5 million millennials will turn 30 in the next two years. This will continue to fuel demand for housing. This is also one of the many reasons why the millennial homeownership rate has continued to grow over the past few years. 48.4% of Americans between the ages of 30-34 now own a home. Read More : Do 46 Million Millennials Know They Are Mortgage Ready? Website : Vantage Realty Professional Like on Facebook : Vantage Realty Professional | Facebook.com F

Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan. 7 Things To Avoid After Applying for a Mortgage! 1. Don’t change jobs or the way you are paid at your job! 2. Don’t deposit cash into your bank accounts. 3. Don’t make any large purchases like a new car or new furniture for your new home. 4. Don’t co-sign other loans for anyone. 5. Don’t change bank accounts.   6. Don’t apply for new credit. 7. Don’t close any credit accounts. Read more :  7 Things To Avoid After Applying for a Mortgage! Website : Vantage Realty Professionals Like on Facebook : Vantage Realty Professionals | Facebook.com Follow on Twitter : Vantage Realty Professionals | Twitter.com

In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected.  This makes sense!  A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home. According to the  Cambridge English  Dictionary ,  bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase something- in this case, a home. In some areas of the country, first-time buyers have been met with fierce competition throughout their experience. Some have been out-bid multiple times before finally winning a bid on a home to call their own. According to the latest  Existing Home Sales Report  from the  National Association of Realtors  (NAR), there is currently a 3.7-month supply of homes for sale. With the current number of houses listed for sale and the level of demand from buyers, this means it would take 3.7 months for all the

According to the  National Association of Realtors,  total inventory has been  growing  for six months straight, as has the  number  of buyers looking to find their dream home. In a market where inventory is increasing, you want to stand out in the crowd! This  quote  from  Grandscope  puts it well: “ You can differentiate from competition by WOWing or exciting customers, not just trying to compete on price. ” What better way than to be creative with your Open House! Read More : How to Have a Unique Open House Website : Vantagerealty Professional Like on Facebook : Vantagerealty | Facebook.com Follow on Twitter : Vantagerealty | Twitter.com

What are the Benefits of Becoming a Homeowner? Benefits of becoming a homeowner Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For  64.4 percent  of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important for Homeownership? Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream! However, many questions if the next generations see the same benefits of homeownership as their predecessors. In case we have forgotten, some of those benefits of Becoming a Homeownership are: Non-Financial Benefits Educational Achievement : Homeownership has a positive impact on academic achievement, including reading and math performance in children 3-12 years old. Civic Participation:  “ Owning a home means owning a part of