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Realty News USA

Realty News – Millennials Ready to Move?

Millennials have been characterized as "snug in the nest but waiting to fly." 2015 looks like their time to fly. Millennials have been slow to enter the housing market due to a number of factors, mostly revolving around tight credit, large down payment requirements, and poor employment figures. Excessive student loan debt and uncertain employment futures have also contributed to this group's desire to stay at home in the family nest, getting their proverbial ducks in a row prior to committing to a home purchase.

Realty News – Housing Predictions

Not long after the boom and bust of the housing market there are now some viable concerns for the change over of the housing market. Though the housing market has recovered and leveled off from the recent crash and subsequent spike. House prices are no longer highly undervalued as they were in recent years but they have not yet met the higher values that the early 2000s brought. Thus far, the housing market has recovered nicely bringing increased value to homes.

Realty News – New Construction – Is It Coming Back?

New companies and resident coming to the area are fueling this growth, which is expected to continue in coming years. The Seattle area, in particular, has enjoyed rapid expansion in both commercial and residential housing, as new companies take advantage of a young, well-educated workforce that is available there.