Russ Whitney- Real Estate Trends Set for Spring Market

The Stronger price growth is a boon for home owners looking to build additional equity, but it continues to be an obstacle for current buyers looking to close before rates rise.Thus Russ Whitney states reinforcing the real estate growth is regional.

Here are some of Russ Whitney's top tips for 2015 to help the real estate process.As temperature gets warmer bit closer to spring real estate market is ready to bloom.No one can accurately predict when this real estate uptick will end or how hard, or soft, a landing it will make.

Millennial Year:

2015 is the year Millennials will overtake Generation Xers as homebuyers, according to Zillow. real estate professionals should get ready for the influx. Getting to know what they want in a home, and connecting via social media. With this interest, coupled with rising rental rates, expect the amount of Millennials entering the real estate marketplace to do the same.

Easier for first time homeowners:
To help with steady income and good credit,to purchase a home. Instead of needing 5, 10 or even 20% for a down payment, homebuyers could qualify to purchase a home with a little 3% down. This would open the door for many on the home ownership to become your clients this spring.

Interest rates to rise:

The interest rates were going to rise this year. Be ready for first-time homebuyers to take advantage of low rates, while the market can be unpredictable, and these are just a few possible trends that could be making their way to your market in 2015. Protect every home you sell with an Home Warranty.

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