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.

$$ WE
BUY
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$$
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
autooutletadmin@infomagic.net

Fax
Resume:
928-774-7044
1111 W. Rte.66
$$
NO 928-773-7944
HASSLE• Phone:
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WAY• Address:
TO SELL
$$

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.

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