Cheryl Bourland's blog

The Top 10 Markets Attracting Millennials

Although millennials (those born between about 1981 and 2001) represent a huge segment of the U.S. population, there is a persistent notion that they are not contributing substantially to the U.S. housing market. Indeed, some spectators have even gone so far as to label them a "generation of renters". However, according to realtor.com's Erik Gunther, this idea is unsupported by the numbers. In fact, older millennials were the largest group of homebuyers in 2014! Keep reading to learn about the millennial housing situation and the top 10 areas attracting millennial buyers.

Historic Military Motor Convoy in Hot Springs

Do you love history, the military, or both? Well then you're in luck, because the 95th anniversary of the 1920 Transcontinental Motor Convoy is arriving in Hot Springs tomorrow, September 30! The convoy will be made up of eighty-eight historic United States military vehicles, which are retracing the original 3,300-mile route from Washington, D.C. to San Diego, CA. This amazing display will only be in Hot Springs for a short time, so be sure not to miss it!

August Records Highest New Sales Since 2008

A recent report from the U.S. Census Bureau has revealed some very good news: new home sales showed strong growth in August, even after an upward revision to the number of homes sold in July! Sales of newly-built, single-family homes rose by a seasonally-adjusted annual rate of 552,000 units, representing a 5.7% increase compared to last month. This makes August 2015 the best single month for new home sales since February of 2008!