Digital Risk’s Post

2024 trends to watch: Relief for homebuyers, struggles for retailers Contact me to discuss the latest scoop in real estate! #losangelerealestate #larealestate #californiarealestate #californiahomes #losangelesrealestate #larealtor #realestate #realty #craigwhitlockrealtor #coldwellbankerrealty

2024 trends to watch: Relief for homebuyers, struggles for retailers Contact me to discuss the latest scoop in real estate! #polk #lakewales #luismendez #floridahomes #floridahousing #floridahouses #floridarealestate #floridarealestateagents #floridahomebuying #floridahousingprices

In today's challenging residential market, the unwavering optimism of Gen Z homebuyers is a beacon of hope. This generation is redefining the homebuying journey, born into the digital era and seamlessly embracing technology. Lenders must think strategically to cater to this rapidly growing demographic, whose needs and expectations are vastly different from older generations. J.D. Power data paints a clear picture: Gen Z borrowers are digital natives, with 81% actively engaging with the industry's online platforms, compared to a mere 52% of older borrowers. Their interests revolve around affordability and demystifying the buying process. Remarkably, 57% of Gen Z borrowers proactively reach out to lenders before even contemplating a home purchase, a stark contrast to the 32% of older borrowers. Embracing this tech-savvy generation's preferences is no longer an option but a necessity for lenders to thrive in the evolving housing market landscape. #mortgage #mortgagelending #genz #jdpower Gen Z and millennials are optimistic, eager and ready to buy a home. Relatively high mortgage rates and lower income levels aren’t stopping their plans to become homeowners in 2024.

Good news!! 🗞️ ⬇️ Fed holds rates steady once again today. The best news was how dovish the Fed commentary was pointing to almost a full 1% of rate cuts next year. Just within the last few weeks rates have decreased considerably which, on average, saves homebuyers $300/ month compared to last month. For Ex today: •30 yr Conventional rate 6.375% •30 yr FHA 5.75% •30 yr VA 5.75% The bond market is really liking the news today this which pushing rates further lower still. I proudly work with Tom Digilio with Mortgage Capital Group and we have worked together from almost 15 years. Make sure your Realtor has a good team of people to help you navigate this tough market. Tom Digilio has been in the business for over 25 years. Highly skilled and extremely knowledgeable. Also has the patience to walk all my buyers to the entire mortgage process helping them to understand how to work efficiently for them. Just thought I’d pass this along as this is good news for homebuyers. Call me with any questions. Tom Digilio (631) 868-3825‬ Do More. Be Better.™️ Licensed Real Estate Salesperson Diane Betz @dianebetzrealtor 631.241.0298 Eric G. Ramsay Jr. Associates, LLC 236 West Main Street Bay Shore, NY 11706 www.ramsayrealtors.com You have a right to fair housing. Fair Housing Notice. Link bio to view. Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442—H . Link bio to view #dianebetzrealtor #experience #ethics #professionalism #thehelpfulagent #longislandrealtor #longislandrealestate #southshorelongisland #discoverlongisland @dianebetzrealtor

What new inflation data means for homebuyers Contact me to discuss the latest scoop in real estate! #Whiteplains #pearlriver #Century21elite #century21 #newyorkrealestate #newyorkrealestateagent #newyorkrealestatebroker #nyrealestate #realestatenyc #manhattanrealestate

🏡 What's your assessment of the The Fed's job with the economy. Is The Fed failing Americans? Are you feeling the pressure of today's challenging housing market? Join us in this eye-opening video as we dive deep into the innovative solutions being offered by mortgage professionals like Brian Dewald and real estate experts like Matt Thomas. Despite the Federal Reserve's recent economic uncertainties, there's still hope for homebuyers looking for viable solutions. In this video, you'll discover how Maverick Lending Solutions is making a significant impact on home buying by offering a $4,000 grant for qualified buyers or offering a 1-0 north end rate buy down (1% discount for one year at zero cost). 00:00 Introduction 01:41 How's the market 04:40 Powell Predicts Pain 05:49 Finding Financing Solutions 07:21 Mortgage Rate Buydowns 08:59 Barbara Corcoran predicts increased home values 10:39 Grant program = no repayment https://lnkd.in/gJVeKt3U

What new inflation data means for homebuyers Contact me to discuss the latest scoop in real estate! #marylandrealtor #pennsylvaniarealtor #frederickrealtor #localexpert #frederickmd #marylandrealestate #marylandrealtor #marylandrealestateinvesting #marylandrealestateagent #realtor

Big news for 2024 homebuyers and sellers! Interest rates have already dropped below 7% and it is projected that interest rates will continue to go down as the Federal Reserve makes adjustments throughout the year. Buyers and sellers, it looks like 2024 might be your year. If you are thinking of buying, it's never too early to start getting prepared. Sellers if you have been on the fence, lower rates mean improved selling conditions and let's be honest, there is definitely pent up demand. Let's chat! #CompassDMV #AgentsofCompass #CompassEverywhere #DMVrealestate #Carapearlmangroup #BuyersMarket #2024InterestRates

High-quality homebuyers dominate today’s market. 🏠 💳 The median FICO score for homebuyers using purchase loans hit a record high of 768 in May, as reported by Optimal Blue. This data demonstrates a broader trend of improved financial health among homebuyers. Check out this article from Alex Thomas and Danielle Nguyen. #jbrec

CFPB report cites increase in use of discount points by homebuyers Contact me to discuss the latest scoop in real estate! #losangelerealestate #larealestate #californiarealestate #californiahomes #losangelesrealestate #bayarearealestate #larealestateagent #larealtor #larealtors #bayarearealtor