{"id":580,"date":"2020-03-11T22:53:54","date_gmt":"2020-03-11T22:53:54","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=580"},"modified":"2020-03-11T22:53:54","modified_gmt":"2020-03-11T22:53:54","slug":"confidence-key-success-young-homebuyers","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/confidence-key-success-young-homebuyers\/","title":{"rendered":"Confidence Is the Key to Success for Young Homebuyers"},"content":{"rendered":"<div id=\"attachment_581\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-581\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-581\" src=\"http:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/03\/20200311-KCM-Share.jpg\" alt=\"\" width=\"750\" height=\"410\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/03\/20200311-KCM-Share.jpg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/03\/20200311-KCM-Share-300x164.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-581\" class=\"wp-caption-text\">Confidence Is the Key to Success for Young Homebuyers<\/p><\/div>\n<p>Buying your first home can seem overwhelming. Thankfully, there\u2019s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey:<\/p>\n<h4><strong>1. Understand What it Takes to Purchase a Home<\/strong><\/h4>\n<p>Overall,\u00a0<a title=\"Millennials\" href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/home-buyer-and-seller-generational-trends\" target=\"_blank\" rel=\"noopener noreferrer\">Millennials<\/a>\u00a0make up the largest group of homebuyers in today\u2019s real estate market, and Gen Z is not too far behind. A recent\u00a0<a title=\"study\" href=\"http:\/\/www.freddiemac.com\/fmac-resources\/research\/pdf\/gen_z_consumer_research.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">study<\/a>\u00a0shared by\u00a0<em>Freddie Mac<\/em>\u00a0shows, however, that Generation Z isn\u2019t as confident in the homebuying process as Millennials. The best thing potential young buyers can do is understand what it takes to buy a home. Learn as much as you can about the\u00a0<a title=\"mortgage process\" href=\"https:\/\/www.mykcm.com\/2019\/10\/11\/what-you-need-to-know-about-the-mortgage-process-infographic-3\/\">mortgage process<\/a>,\u00a0<a title=\"down payment\" href=\"https:\/\/www.mykcm.com\/2019\/08\/06\/how-much-do-you-know-about-down-payments\/\">down payment<\/a>\u00a0options, and the overall\u00a0<a title=\"steps\" href=\"https:\/\/www.mykcm.com\/2020\/02\/28\/10-steps-to-buying-a-home-infographic-2\/\">steps<\/a>\u00a0to take along the way.<strong>\u00a0<\/strong><\/p>\n<h4><strong>2. Realize Your Opportunity to Build Wealth<\/strong><strong>\u00a0<\/strong><\/h4>\n<p>Homeownership allows you the chance to put a small portion of the home\u2019s value down when you buy, and then watch your appreciation grow on the full value of the home \u2013 not just on the down payment. It\u2019s one of the\u00a0<a title=\"best investments\" href=\"https:\/\/www.mykcm.com\/2020\/02\/27\/how-much-housing-wealth-can-you-build-in-a-decade\/\">best investments<\/a>\u00a0you can make, and a form of\u00a0<em>\u2018<\/em><a title=\"forced savings\" href=\"https:\/\/www.mykcm.com\/2019\/09\/19\/one-of-the-top-reasons-to-own-a-home\/\"><em>forced savings<\/em><\/a><em>\u2019<\/em>\u00a0working in your favor over time. The added bonus? You get to live there, too.<\/p>\n<h4><strong>3. Find Someone You Trust to Help You Through the Process<\/strong><strong>\u00a0<\/strong><\/h4>\n<p>Having someone you trust to guide you through this process is invaluable. Finding a local real estate\u00a0<a title=\"expert\" href=\"https:\/\/www.mykcm.com\/2020\/02\/18\/how-trusted-professionals-make-homebuying-easier-to-understand\/\">expert<\/a>\u00a0to help you navigate through the transaction and feel more confident as you make important decisions could be the best choice you make.<\/p>\n<p>For Millennials and Gen Z\u2019ers thinking about buying, today\u2019s historically low\u00a0<a title=\"interest rates\" href=\"https:\/\/www.mykcm.com\/2020\/03\/03\/how-interest-rates-can-impact-your-monthly-housing-payments\/\">interest rates<\/a>\u00a0combined with the outlook for future home appreciation is a big win. This means whatever you buy today, you\u2019ll be bragging about 10 years from now. You can feel confident about that!<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re ready, buying your first home sooner rather than later is one of the best decisions you can make. But there are many things to consider before taking that step, so let\u2019s work together to help you confidently navigate the full journey.<\/p>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0(407) 519-0719<br \/>\nFax:\u00a0(407) 205-1951<br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying your first home can seem overwhelming. Thankfully, there\u2019s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey: 1. Understand What it Takes&hellip; <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/confidence-key-success-young-homebuyers\/\">Finish Reading<span> Confidence Is the Key to Success for Young Homebuyers<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[38,50,92,18,27,91,52,32,49,42,8,23,40,20,48,13,28,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/580"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=580"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/580\/revisions"}],"predecessor-version":[{"id":582,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/580\/revisions\/582"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}