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| May is a month of growth and celebration. As we head into the fifth month of the year we are looking forward to a busy time in the real estate industry. With more people starting to think about buying or selling a home, the market tends to become more active! Continue reading for more real estate news, home tips & tricks, and much more. |
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| Jokes About Millennial Homeowners Can Stop Now |
| "In what is being described as a historic shift, the millennial generation is now made up of more homeowners than renters, according to new data released by RentCafe. After years of being known as the “renter generation,” millennials tipped the scale, largely due to the 7 million people in the generation who bought homes in the last five years, bringing the total percentage of millennial homeowners up to 52%. Now, according to the data, Gen Z, who range from 11 to 25 years old according to Pew Research, is the only age group made up of a majority of renters." |
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| Houston's Home Buying Season |
| "Although today’s mortgage rates are far below the double-digit rates seen in the 1980s, buyers' expectations have adjusted after they’ve enjoyed rates averaging around 5 percent since 2009. And many buyers who bought earlier in the pandemic saw rates closer to 3 percent or lower." |
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| | What began as a one time celebration on a high school football field has become one the largest and most popular events in the Greater Houston Area. |
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| | | Red Hot Chili Peppers comes to Minute Maid Park in May 2023 in support of their two new albums, Unlimited Love and Return of the Dream Canteen. |
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| Lifestyle Tips and Tricks |
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| Ready to Remodel? Here Are The Home Projects That Will Get You The Best Return On Your Investment |
| Even when they don’t buy a fixer-upper, most people will end up doing some amount of repairs on a new home. About 95% of homeowners said they plan to take on a major home improvement project in the next five years, according to a recent report by Real Estate Witch. However, only 50% said they can afford it at the moment. |
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Backyards Are The Must-Have Home Feature for 2023 |
| A new report from Zillow names the backyard a must-have feature i the eyes of home-buyers. |
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| 25 Top Interior Design Trends for 2023 |
| If you've been searching for the right opportunity to add more style, vigor and comfort to your space, you'll appreciate this list. |
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| | For many buyers, that first home—the starter home—marks a turning point in their lives where they stop paying rent and start investing in a property that can help build generational wealth over time. |
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Thanks for reading and subscribing! Ready to achieve your next real estate goal? |
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| | krantzlinngroup@compass.com |
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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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