15 Aug

Millennials Hesitant on Homebuying

first_imgMillennials Hesitant on Homebuying in Headlines, News October 13, 2016 804 Views Pessimistic about market volatility and resistant to being “tied down,” many millennials still aren’t quite ready to purchase a home, according to the latest ValueInsured Housing Confidence Index, released Thursday.Seventy-six percent of millennials who do not yet own a home say they would like to purchase a home, according to ValueInsured.While 70 percent of millennials say the American Dream is “alive and well,” according to ValueInsured, 83 percent describe a new American Dream of “owning a home on my own terms while staying mobile, agile and financially secure.”More than four out of five millennials do not plan to live in their current home for more than five years.While mobility is top-of-mind for millennials, market volatility is too. About 60 percent of millennials expect a price bubble and burst in the next two years, compared to 47 percent of Americans overall.Prospective first-time millennial homebuyers reported concern regarding another housing crisis, with just a quarter of them saying they are confident a housing crisis akin to that of 2008 will not reoccur in their lifetimes.Overall, housing confidence rose just 0.2 points from June through September, and it is up 1.9 percent since March, according to ValueInsured’s index. Housing confidence stands at 68.9 on a 100-point scale.Rising home prices and an unsettling political climate are holding confidence back, according to Joe Melendez, CEO of ValueInsured.“Home prices rose over the summer, putting them out of reach for many renters who also saw their rents rising,” said Melendez. “Another factor suppressing housing confidence is the unsettling presidential contest and uncertain future it entails. Combine those factors with the hangover of the 2008 housing crisis, and many prospective buyers really need a confidence boost.”ValueInsured compiles its Housing Confidence Index each quarter based on the results of the Modern Homebuyer Survey.center_img Homebuying Millennials 2016-10-13 Krista Franks Brock Sharelast_img read more

10 Aug

Related Flybe to launch number of new flights next

first_img RelatedFlybe to launch number of new flights next summerRegional airline Flybe will launch a number of new flights to European destinations as part of its 2010 summer scheduleNext year’s summer schedule launched by bmibabyCheap flights carrier bmibaby has introduced the first phase of its summer 2011 scheduleCheap flights to Lourdes launched by bmibabyCheap flights to Lourdes launched by bmibaby Holidaymakers can book flights they intend to take in 2010 as early as today (11th June 09) if they travel with bmibaby.The low-cost airline’s five most popular routes have gone on sale with more expected to follow.Flights to Alicante, Faro, Malaga, Murcia and Palma are now available for those who want to plan in advance.Julian Carr, commercial director of bmibaby, commented: “Travellers can now plan ahead and book early to secure the best deals.”This will be especially beneficial for the family market as they can secure the most popular school holiday dates. Plus those with holiday homes will be able to book their trips in advance now to get [a really] low flight price.”He added that before long the number of routes that can be booked will be expanded, offering passengers even greater choice.Last month (May 30th) Birmingham Airport celebrated the 25th anniversary of its current site, which was opened by HM the Queen in 1984.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more