Cheryl Bourland's blog

Reasons to Be Thankful: Real Estate Edition

Yes, housing inventory remains extremely low and tax reform could potentially harm homeowners, but Realtor Magazine points out that there is actually a lot to be thankful for in real estate this holiday season. Don't believe me? Keep reading to see why!

Arkansas Is #3 in Affordability for Millennial Homebuyers

Millennials are already the largest generation of home buyers in the U.S., spending a collective $514 billion on home purchases in the last year; however their ability to buy varies dramatically from state to state. Recently, GoBankingRates.com compiled a ranking of all fifty states based on how affordable their housing market was for those age 25-34. The results showed that Arkansas was the third most affordable state in the U.S. for these young buyers!

Typical Home Tenure Before Selling Stands at 10 Years

Are you a home seller in 2017? Statistically-speaking, you are probably 55 years old, lived in your old home for 10 years, and sold it for a tidy $47,500 profit. Keep reading to learn more about the typical home seller and how the market is changing in 2017!