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Pahrump | Teresa Parker- Pahrump Local Expert Blog

Tuesday, October 15, 2019   /   by Teresa Kenney Parker

Be on the Lookout for Gen Z: The Next Generation of Homebuyers

Be on the Lookout for Gen Z: The Next Generation of Homebuyers


You’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they’re eager to become homeowners faster than you may think.
According to realtor.com, “Nearly 80 percent of Generation Z members say they want to own a home before age 30,” and Concentrix Analytics said, “52% of prospective Gen Z buyers are already saving to buy a home.”
Wikipedia defines Generation Z (Gen Z) as “the demographic cohort after the Millennials. Demographers and researchers typically use the mid-1990s to mid-2000s as starting birth years.”
The report from Concentrix goes a little deeper on Gen Z, identifying the main reasons this cohort wants to own homes:

55% want to own a home because they want to start a family
47% want to build wealth over time
33% want to make their ...

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  current market, own a home, realtor, real estate tips, need to know, homeowners, home sweet home, first time homebuyer, make pahrump home, tips for home purchase, selling your home, buying pahrump, selling pahrump, pahrump

Sunday, October 13, 2019   /   by Teresa Kenney Parker

Want to Be in a New Home By the End of the Year?

Homes are selling quickly, and inventory is typically low during this time of year. If you're considering listing your house, let's connect so you can settle into your dream home before the holidays.

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  current market, own a home, realtor, buy a home, real estate tips, need to know, homeowners, home sweet home, first time homebuyer, make pahrump home, tips for home purchase, buying pahrump, pahrump

Thursday, October 10, 2019   /   by Teresa Kenney Parker

You Need More Than a Guide. You Need a Sherpa.

You Need More Than a Guide. You Need a Sherpa.


In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer.
We are, however, in anything but a “normal market” right now. The media is full of stories about an impending recession, a trade war with China, and constant political upheaval. Each of these potential situations could dramatically impact the real estate market. To successfully navigate the landscape today, you need more than an experienced guide. You need a ‘Real Estate Sherpa.’
A Sherpa is a “member of a Himalayan people living on the borders of Nepal and Tibet, renowned for their skill in mountaineer ...

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  current market, own a home, realtor, buy a home, real estate tips, need to know, homeowners, home sweet home, make pahrump home, selling your home, buying pahrump, selling pahrump, pahrump

Monday, September 30, 2019   /   by Teresa Kenney Parker

What Is the Cost of Waiting Until Next Year to Buy?

What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]


Some Highlights:

The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
If you’re ready and willing to buy your dream home, now is a great time to buy.

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  current market, own a home, realtor, buy a home, real estate tips, need to know, homeowners, home sweet home, first time homebuyer, tips for home purchase, make pahrump home, buying pahrump, pahrump, vacation home, summer home, family move

Tuesday, September 24, 2019   /   by Teresa Kenney Parker

6 Graphs Showing the Strength of the Current Housing Market

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]





Some Highlights:





Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.






Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market.






With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move.

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  current market, own a home, realtor, buy a home, real estate tips, need to know, homeowners, home sweet home, first time homebuyer, tips for home purchase, make pahrump home, selling your home, selling pahrump, buying pahrump, pahrump