by Elsa Soto | Sep 18, 2018 | Blog, Buyers, Investment Property in Florida, New Construction, News, Property for Sale, Property for Sale in Orlando, Real Estate News
ChampionsGate, The Retreat – Inventory Home Available
Find ChampionsGate homes for sale and be a part of the wonderful city of ChampionsGate! This up-and-coming city has brand new shopping centers and is conveniently located near all the entertainment that Orlando has to offer. With a combination of single family homes, town homes and condo’s in stunning residential and resort style vacation communities ChampionsGate offers something for everyone. Guests in the vacation home communities have access to some of the best resort amenities in Central Florida including The Oasis a 20,000 sq ft clubhouse offering luxurious surroundings along with a swimming pool, cabanas, fitness center, aerobics studio, sports courts for tennis and volleyball and more!
The Retreat at ChampionsGate has a 6 bedroom 6 bathroom Single-Family-Home available for sale and occupancy immediately! Not convinced? What if we told you that you might be offered a $15,000 buying incentive? We know purchasing a home can be a difficult process but we are here to help you every step of the way! Click the image or ‘Request Info’ below to see photos and get more information on this beautiful home!
|K159 – Fiji Floor Plan (Ready NOW)
|6 Bedrooms | 6 Bathrooms | 3,348 q ft
|Up To $15,000 in Incentives
|Spacious 2 Story Floor Plan with Covered Lanai
by Elsa Soto | Aug 14, 2018 | Uncategorized
WASHINGTON – Aug. 14, 2018 – The trend of slow-to-launch millennials staying at home with mom and dad has led to about 2.4 million fewer households forming, according to a National Association of Home Builders (NAHB) analysis. A rise in housing costs and personal debt are the chief factors keeping millennials at home, economists say.
The study looked at the number of younger adults, ages 25-34, who qualify for head-of-household status. The number of young adults living with their parents or others increased from 15.3 percent in 2000 to 26.3 percent in 2016, according to NAHB, with Florida one of the top five states for young adults slow to leave the nest.
“This story is quite different in different states,” says Natalia Siniavskaia, assistant vice president for housing policy research at the NAHB. “There are states where headship rates (the percentage that qualify for head-of-household status) for this age group are north of 50 percent, such as North Dakota and Iowa. And there are states like California and Florida where young adults are much more likely to live with parents.”
States with the priciest housing costs tend to have the lowest number of households headed by 25- to-34-year-olds. The five worst states for young adult household formations are, in order, Hawaii, New Jersey, California, Florida and Alaska.
On the other hand, the states that have more affordable housing tend to have higher rates of young adult household formation. The five states that have some of the best homeownership rates among millennials are North Dakota, Iowa, South Dakota, Nebraska, and Kansas.
The majority of Americans recently surveyed say they believe 28 is the ideal age for purchasing a first home, according to a recent Bankrate survey.
“As the economic situation continues to improve, it should give more stability and confidence to younger adults to buy their homes or leave parental homes,” Siniavskaia says.
Census data may already be starting to show a change: The homeownership rate for younger adults has increased in the last year from 34.5 percent to 35.3 percent, according to federal data.
Source: “Millennials Still Crashing With Parents in Strong Economy and it Reveals Their Ambition,” Bankrate.com (Aug. 7, 2018)
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Source: Florida Realtors
MILLENNIALS: We are here to help you through this transition. Are you ready to make the move out of your parents’ place and purchase your very own home? Do not wait!! Mortgage rates are on the rise along with property prices. Do not miss your opportunity. Contact one of our experienced agents today to get the ball rolling!