Details for HOUSE--CLASSIFIED DEPT. - Ad from 2019-07-13
PLACE YOUR AD: 928.556.2298 | www.azdailysun.com/ads ARIZONA DAILY SUN | AZDAILYSUN.COM REAL ESTATE DIRECTORY Personals: Service Directory: Employment: Misc. for Sale: 100 200-300 400 500-600 Real Estate: Rentals: Autos: Bargain Corner: 700 800 900 998 Visit: azdailysun.com/homes for your next home. $$ WE BUY VEHICLES $$ We’re Hiring: Sales Department 774-7044 • Team sales position • Prefer automotive sales exp • Good people skills neede • Great pay plan & benefits pkg • 401k, health & dental • Good hours/closed Sundays www.FlagstaffAutoOutlet.com firstname.lastname@example.org Fax Resume: 928-774-7044 1111 W. Rte.66 $$ NO 928-773-7944 HASSLE• Phone: • EASY WAY• Address: TO SELL $$ Millennials Changing the gaMe It’s also no secret that millennials are waiting longer to get married or partner. That results in the lack of a need for a large home, so they’re naturally waiting longer to buy. Older millennials are flooding When they are ready, chances are they’ve accumulated more the buyer’s market seeking wealth, settled in to an area homes. But the way they view where they plan to stay and have the market is vastly different a firmer grasp on what they want than their parents or even the generation that preceded them. — and they may be looking past “These people, who may each starter homes. Here’s some ways millennials have 10 years of work under are making the market adjust to their belts, can afford a first Unlike previous generations, them. home that is more luxurious millennials are also renting longer, biding their time paying than what one thinks of as One big factor: Economics. the typical starter home,” Fred off student debt (now at an First-time homebuyers need Cooper, a senior vice president almost a quarter of their income all-time high), rising through at Toll Brothers, a luxury home the ranks in a profession and to afford an entry-level home, builder said in the article. waiting until they can af-ford up 2 percent from a year ago, the homes they want. And those according to The Real Deal, a In between, millennials are homes don’t look like they did to comfortable renting in the city, real estate website. And those previous generations. Some are previously owned homes have according to a recent article in reached a record median price of skipping over starter homes and the website Investopedia. A Pew taking advantage of the delay in Research last year found that $264,800. So the barrier is high, buying to purchase a much more 88 percent of millennials live in especially for younger buyers, metropolitan ar-eas. And instead luxurious home. the site reports. Millennials are known as disrupters, so when it comes to the housing market it’s no surprise that generation is upending the conventional process. of buying a starter home, some millennials are opting for the best of both worlds: city life and a vacation home they can enjoy but also rent out. “For less than $350,000 — an amount that barely buys a studio in brownstone Brooklyn these days — they are finding that they can afford homes with three bedrooms or more on several acres of land, sometimes on lakefront property, or with a pool,” wrote Michelle Higgins in a New York Times story.