{"id":10982,"date":"2017-02-13T12:58:12","date_gmt":"2017-02-13T12:58:12","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=10982"},"modified":"2017-02-13T12:58:20","modified_gmt":"2017-02-13T12:58:20","slug":"come-59-million-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/come-59-million-buyers\/","title":{"rendered":"Here Come 59 Million Buyers!"},"content":{"rendered":"

Here Come 59 Million Buyers!<\/h2>\n
\"Here<\/a>

Here Come 59 Million Buyers!<\/p><\/div>\n

One in four U.S. adults say they are considering buying a home this year, which extrapolates to a whopping 59 million people, according to a recent survey by Bankrate.com.<\/p>\n

Minorities are expected to be big buyers this year. More than two in five black survey respondents said they were considering buying a home. That is more than double the percentage of potential white buyers.<\/p>\n

\u201cBlack homeowners were harmed in greater numbers by the housing crash\u201d and the foreclosure crisis, says Holden Lewis, a Bankrate.com mortgage analyst. \u201cNow that the economy has improved and time has passed, maybe they\u2019re ready to jump back in and own a home again.\u201d<\/p>\n

Also, older millennials and Generation X \u2013 which encompasses the ages of 27 to 52 \u2013 are showing more willingness to either become homeowners or trade up to a new home, the survey showed.<\/p>\n

Young adults have mostly delayed homeownership. \u201cThey have been stymied by stagnant wages, student loans, and a lack of available starter homes,\u201d Lewis says. \u201cIf enough affordable homes are put on the market, we might see a surge of first-time home buyers in their early to mid-30s.\u201d<\/p>\n

Lewis notes, however, what many people say is not always what they\u2019ll be able to do. Rising mortgage rates and an uptick in home prices could prevent some would-be homebuyers from saving enough for a down payment and limited inventories could delay their efforts in finding a suitable home to buy.<\/p>\n

About 6 million new and existing homes were sold last year, according to the National Association of REALTORS\u00ae and U.S. Census data.<\/p>\n

Source: \u201cKnow Your Competition: 1 in 4 Adults Is Planning to Buy a Home,\u201d realtor.com\u00ae (Feb. 9, 2017)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Here Come 59 Million Buyers! One in four U.S. adults say they are considering buying a home this year, which extrapolates to a whopping 59 million people, according to a recent survey by Bankrate.com. Minorities are expected to be big buyers this year. More than two in five black survey respondents said they were considering … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-10982","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHere Come 59 Million Buyers! - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/come-59-million-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Here Come 59 Million Buyers!\",\"datePublished\":\"2017-02-13T12:58:12+00:00\",\"dateModified\":\"2017-02-13T12:58:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/\"},\"wordCount\":297,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2017\\\/02\\\/02132017.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/come-59-million-buyers\\\/\",\"name\":\"Here Come 59 Million Buyers! 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