Emily Farber, REALTOR® https://emilyfarber.com Emily Farber, REALTOR® Your Source for Real Estate in the greater Iowa City Area Mon, 06 Apr 2026 00:17:04 +0000 hourly 1 https://wordpress.org/?v=6.8.3 https://s3.amazonaws.com/eap03.easyagentpro.com/wp-content/uploads/sites/75/2025/01/05123720/Untitled-design-11-1-150x150.png Generational Real Estate Trends – Emily Farber, REALTOR® https://emilyfarber.com 32 32 Buyers Just Hit Pause. Why? | Spring 2026 Real Estate Market Update https://emilyfarber.com/real-estate-blog/buyers-just-hit-pause-why-spring-2026-real-estate-market-update/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/buyers-just-hit-pause-why-spring-2026-real-estate-market-update/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Want to Live In Up-And-Coming Marion? | 755 Alexis Ln, Marion Iowa https://emilyfarber.com/real-estate-blog/want-to-live-in-up-and-coming-marion-755-alexis-ln-marion-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/want-to-live-in-up-and-coming-marion-755-alexis-ln-marion-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Are You OVERPAYING on Property Taxes? How to FIND OUT & APPEAL https://emilyfarber.com/real-estate-blog/are-you-overpaying-on-property-taxes-how-to-find-out-appeal/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/are-you-overpaying-on-property-taxes-how-to-find-out-appeal/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Death and Taxes…☠️ 💸 https://emilyfarber.com/real-estate-blog/death-and-taxes-%e2%98%a0%ef%b8%8f-%f0%9f%92%b8/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/?p=3396

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Do Any Affordable Homes Still Exist?! | 3323 Tulane Ave, Iowa City https://emilyfarber.com/real-estate-blog/do-any-affordable-homes-still-exist-3323-tulane-ave-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/do-any-affordable-homes-still-exist-3323-tulane-ave-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Can’t Sell The House?! https://emilyfarber.com/real-estate-blog/cant-sell-the-house/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/cant-sell-the-house/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Seller MISTAKES That Turn Buyers Off (Buyer Psychology Explained!) https://emilyfarber.com/real-estate-blog/seller-mistakes-that-turn-buyers-off-buyer-psychology-explained/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/seller-mistakes-that-turn-buyers-off-buyer-psychology-explained/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Buying An Acreage Near Iowa City: What Nobody Tells You https://emilyfarber.com/real-estate-blog/buying-an-acreage-near-iowa-city-what-nobody-tells-you/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/buying-an-acreage-near-iowa-city-what-nobody-tells-you/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Home Improvements That Buyers Love The MOST https://emilyfarber.com/real-estate-blog/home-improvements-that-buyers-love-the-most/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/?p=3372

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Inside A Dramatically Cute Condo https://emilyfarber.com/real-estate-blog/inside-a-dramatically-cute-condo/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/inside-a-dramatically-cute-condo/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Where Should You Actually Live? Iowa City vs Coralville vs North Liberty vs Tiffin https://emilyfarber.com/real-estate-blog/where-should-you-actually-live-iowa-city-vs-coralville-vs-north-liberty-vs-tiffin/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber http://emilyfarber.com/real-estate-blog/where-should-you-actually-live-iowa-city-vs-coralville-vs-north-liberty-vs-tiffin/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Predictions EXPOSED! Housing Market Reality Check https://emilyfarber.com/real-estate-blog/predictions-exposed-housing-market-reality-check/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/predictions-exposed-housing-market-reality-check/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The TRUTH About How Smart Buyers Find REAL Deals In Today’s Housing Market https://emilyfarber.com/real-estate-blog/the-truth-about-how-smart-buyers-find-real-deals-in-todays-housing-market/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/the-truth-about-how-smart-buyers-find-real-deals-in-todays-housing-market/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The 2025 Housing Market: What Actually Happened (and What Comes Next) https://emilyfarber.com/real-estate-blog/the-2025-housing-market-what-actually-happened-and-what-comes-next/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/?p=3346

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Think Iowa Homes Are Cheap? These Are the MOST Expensive Places to Live in Iowa https://emilyfarber.com/real-estate-blog/think-iowa-homes-are-cheap-these-are-the-most-expensive-places-to-live-in-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/think-iowa-homes-are-cheap-these-are-the-most-expensive-places-to-live-in-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> A “Nobody’s Market”–Real Estate Market Out To Crush ALMOST Everyone https://emilyfarber.com/real-estate-blog/a-nobodys-market-real-estate-market-out-to-crush-almost-everyone/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/a-nobodys-market-real-estate-market-out-to-crush-almost-everyone/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Solo Agent vs Real Estate Team–How To Get What You Expect https://emilyfarber.com/real-estate-blog/solo-agent-vs-real-estate-team-how-to-get-what-you-expect/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/solo-agent-vs-real-estate-team-how-to-get-what-you-expect/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> SHOCKING TRUTH Why Buyers HATE Your House & Why It’s Not Selling https://emilyfarber.com/real-estate-blog/shocking-truth-why-buyers-hate-your-house-why-its-not-selling/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/shocking-truth-why-buyers-hate-your-house-why-its-not-selling/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Everyone Wants An Acreage | 3375 Half Moon Ave SW, Tiffin Iowa https://emilyfarber.com/real-estate-blog/everyone-wants-an-acreage-3375-half-moon-ave-sw-tiffin-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/everyone-wants-an-acreage-3375-half-moon-ave-sw-tiffin-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Inviting & Quiet Cul-de-sac Home | 73 Durango Pl, Iowa City https://emilyfarber.com/real-estate-blog/inviting-quiet-cul-de-sac-home-73-durango-pl-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/inviting-quiet-cul-de-sac-home-73-durango-pl-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Boone Rail Explorers | Iowa Adventures https://emilyfarber.com/real-estate-blog/boone-rail-explorers-iowa-adventures/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/boone-rail-explorers-iowa-adventures/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Brutally Honest Rankings: The Iowa City Area’s Best (and Worst) Suburbs & Small Towns https://emilyfarber.com/real-estate-blog/brutally-honest-rankings-the-iowa-city-areas-best-and-worst-suburbs-small-towns/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/brutally-honest-rankings-the-iowa-city-areas-best-and-worst-suburbs-small-towns/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Fed Rate Drops…What It Means For You! https://emilyfarber.com/real-estate-blog/fed-rate-drops-what-it-means-for-you/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/fed-rate-drops-what-it-means-for-you/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Your Dream Home Tour? | 2933 Broken Wood Dr, Coralville https://emilyfarber.com/real-estate-blog/your-dream-home-tour-2933-broken-wood-dr-coralville/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/your-dream-home-tour-2933-broken-wood-dr-coralville/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Is the US Housing Market Broken? Frustration Everywhere https://emilyfarber.com/real-estate-blog/is-the-us-housing-market-broken-frustration-everywhere/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/is-the-us-housing-market-broken-frustration-everywhere/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Explore a Tiffin Zero Lot with No Stairs! | 536 Bear Dr, Tiffin, Iowa https://emilyfarber.com/real-estate-blog/explore-a-tiffin-zero-lot-with-no-stairs-536-bear-dr-tiffin-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/explore-a-tiffin-zero-lot-with-no-stairs-536-bear-dr-tiffin-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tour A Zero Stairs Condo! | 85 Broadmoor Ln Iowa City https://emilyfarber.com/real-estate-blog/tour-a-zero-stairs-condo-85-broadmoor-ln-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tour-a-zero-stairs-condo-85-broadmoor-ln-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Housing Market Price Correction | Fall 2025 Iowa City Market Update https://emilyfarber.com/real-estate-blog/housing-market-price-correction-fall-2025-iowa-city-market-update/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber http://emilyfarber.com/real-estate-blog/housing-market-price-correction-fall-2025-iowa-city-market-update/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> How To: Home Shopping From Out of State https://emilyfarber.com/real-estate-blog/how-to-home-shopping-from-out-of-state/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/how-to-home-shopping-from-out-of-state/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Liberty Centre | North Liberty Neighborhoods https://emilyfarber.com/real-estate-blog/liberty-centre-north-liberty-neighborhoods/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/liberty-centre-north-liberty-neighborhoods/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The Ultimate Downsizing Guide: 10 Tips You Need! https://emilyfarber.com/real-estate-blog/the-ultimate-downsizing-guide-10-tips-you-need/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/the-ultimate-downsizing-guide-10-tips-you-need/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Cash Gifts & Home Buying: The Right (and Wrong) Way To Do It https://emilyfarber.com/real-estate-blog/cash-gifts-home-buying-the-right-and-wrong-way-to-do-it/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/cash-gifts-home-buying-the-right-and-wrong-way-to-do-it/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> No Offers, No Showings, No Clue? Let’s Talk Home Pricing https://emilyfarber.com/real-estate-blog/no-offers-no-showings-no-clue-lets-talk-home-pricing/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/no-offers-no-showings-no-clue-lets-talk-home-pricing/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Inside a Perfectly Located Iowa City Peninsula Condo | 1192 Foster Rd https://emilyfarber.com/real-estate-blog/inside-a-perfectly-located-iowa-city-peninsula-condo-1192-foster-rd/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/inside-a-perfectly-located-iowa-city-peninsula-condo-1192-foster-rd/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> DON’T Move to Iowa City Until You Watch This! https://emilyfarber.com/real-estate-blog/dont-move-to-iowa-city-until-you-watch-this/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/dont-move-to-iowa-city-until-you-watch-this/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Big Housing Market Shift Buyers Will LOVE! https://emilyfarber.com/real-estate-blog/big-housing-market-shift-buyers-will-love/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/big-housing-market-shift-buyers-will-love/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Haters HATING on Iowa! What Do They Say? https://emilyfarber.com/real-estate-blog/haters-hating-on-iowa-what-do-they-say/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/haters-hating-on-iowa-what-do-they-say/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Zillow Is BANNING Certain Listings! | What Homes Are Shadow Banned?! https://emilyfarber.com/real-estate-blog/zillow-is-banning-certain-listings-what-homes-are-shadow-banned/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber http://emilyfarber.com/real-estate-blog/zillow-is-banning-certain-listings-what-homes-are-shadow-banned/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tour an Affordable Longfellow Neighborhood Home | 661 S Governor St, Iowa City https://emilyfarber.com/real-estate-blog/tour-an-affordable-longfellow-neighborhood-home-661-s-governor-st-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tour-an-affordable-longfellow-neighborhood-home-661-s-governor-st-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Discovering the Eastside Neighborhood | Iowa City Neighborhoods https://emilyfarber.com/real-estate-blog/discovering-the-eastside-neighborhood-iowa-city-neighborhoods/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/discovering-the-eastside-neighborhood-iowa-city-neighborhoods/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Are Buyers Ghosting Real Estate? https://emilyfarber.com/real-estate-blog/are-buyers-ghosting-real-estate/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/?p=3126

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Inside a Retro Lake House | 3797 Cottage Reserve Rd NE, Solon, Iowa https://emilyfarber.com/real-estate-blog/inside-a-retro-lake-house-3797-cottage-reserve-rd-ne-solon-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/inside-a-retro-lake-house-3797-cottage-reserve-rd-ne-solon-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Better Than New? | 765 S Alexander Way, North Liberty, IA https://emilyfarber.com/real-estate-blog/better-than-new-765-s-alexander-way-north-liberty-ia/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/better-than-new-765-s-alexander-way-north-liberty-ia/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Artistic Acreage | 3302 Old Prairie du Chien Rd NE, Iowa City, IA 52240 https://emilyfarber.com/real-estate-blog/artistic-acreage-3302-old-prairie-du-chien-rd-ne-iowa-city-ia-52240/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/artistic-acreage-3302-old-prairie-du-chien-rd-ne-iowa-city-ia-52240/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> What Really Happens to Homes Prices During a Recession? https://emilyfarber.com/real-estate-blog/what-really-happens-to-homes-prices-during-a-recession/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/?p=3093

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Old Town & Coralville Heights Neighborhood | Coralville Neighborhoods https://emilyfarber.com/real-estate-blog/old-town-coralville-heights-neighborhood-coralville-neighborhoods/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/old-town-coralville-heights-neighborhood-coralville-neighborhoods/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> EXPOSED! What Iowa City Desperately Needs But Doesn’t Have https://emilyfarber.com/real-estate-blog/exposed-what-iowa-city-desperately-needs-but-doesnt-have/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/exposed-what-iowa-city-desperately-needs-but-doesnt-have/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Huge Condo Walking Distance to Kinnick Stadium| 105 Birkdale Ct, Iowa City https://emilyfarber.com/real-estate-blog/huge-condo-walking-distance-to-kinnick-stadium-105-birkdale-ct-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/huge-condo-walking-distance-to-kinnick-stadium-105-birkdale-ct-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Dream Homes | Auburn Ridge is Coralville’s Newest Luxury Neighborhood https://emilyfarber.com/real-estate-blog/dream-homes-auburn-ridge-is-coralvilles-newest-luxury-neighborhood/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/dream-homes-auburn-ridge-is-coralvilles-newest-luxury-neighborhood/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Top Floor Condo! | 2464 Cascade Ln, Iowa City https://emilyfarber.com/real-estate-blog/top-floor-condo-2464-cascade-ln-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/top-floor-condo-2464-cascade-ln-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> What Does $320,000 Buy in Iowa? |206 Valley Rd, Williamsburg, Iowa https://emilyfarber.com/real-estate-blog/what-does-320000-buy-in-iowa-206-valley-rd-williamsburg-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/what-does-320000-buy-in-iowa-206-valley-rd-williamsburg-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Spring Real Estate Market Warnings 2025 https://emilyfarber.com/real-estate-blog/spring-real-estate-market-warnings-2025/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/spring-real-estate-market-warnings-2025/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Must See! What’s NEW and COMING SOON to the Iowa City Area in 2025 https://emilyfarber.com/real-estate-blog/must-see-whats-new-and-coming-soon-to-the-iowa-city-area-in-2025/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/must-see-whats-new-and-coming-soon-to-the-iowa-city-area-in-2025/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Spooky History of Iowa City https://emilyfarber.com/real-estate-blog/spooky-history-of-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/spooky-history-of-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> You Won’t Regret Moving to Iowa https://emilyfarber.com/real-estate-blog/you-wont-regret-moving-to-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/you-wont-regret-moving-to-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tariffs On Crash Course With US Housing Market? https://emilyfarber.com/real-estate-blog/tariffs-on-crash-course-with-us-housing-market/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tariffs-on-crash-course-with-us-housing-market/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Unlocking School Choice in Iowa: Taxpayer-Funded Private School Vouchers https://emilyfarber.com/real-estate-blog/unlocking-school-choice-in-iowa-taxpayer-funded-private-school-vouchers/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/unlocking-school-choice-in-iowa-taxpayer-funded-private-school-vouchers/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Iowa Income Tax…From Terrible to Terrific? | Iowa’s New Flat Rate Income Tax https://emilyfarber.com/real-estate-blog/iowa-income-tax-from-terrible-to-terrific-iowas-new-flat-rate-income-tax/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/iowa-income-tax-from-terrible-to-terrific-iowas-new-flat-rate-income-tax/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Don’t Make These Mistakes When Moving to Iowa City, IA https://emilyfarber.com/real-estate-blog/dont-make-these-mistakes-when-moving-to-iowa-city-ia/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/dont-make-these-mistakes-when-moving-to-iowa-city-ia/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Surviving Iowa Winters: A Beginners Guide https://emilyfarber.com/real-estate-blog/surviving-iowa-winters-a-beginners-guide/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/surviving-iowa-winters-a-beginners-guide/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> 2025 Housing Market Predictions | Is US Real Estate About to Shift? https://emilyfarber.com/real-estate-blog/2025-housing-market-predictions-is-us-real-estate-about-to-shift/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/2025-housing-market-predictions-is-us-real-estate-about-to-shift/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Are Iowa City Homes Overpriced? https://emilyfarber.com/real-estate-blog/are-iowa-city-homes-overpriced/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/are-iowa-city-homes-overpriced/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Iowa City Real Estate: 2024 Housing Market Recap & Outlook For 2025! https://emilyfarber.com/real-estate-blog/iowa-city-real-estate-2024-housing-market-recap-outlook-for-2025/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/iowa-city-real-estate-2024-housing-market-recap-outlook-for-2025/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Is Iowa Toxic? Uncovering Iowa’s Toxic Towns https://emilyfarber.com/real-estate-blog/is-iowa-toxic-uncovering-iowas-toxic-towns/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/is-iowa-toxic-uncovering-iowas-toxic-towns/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The Secret to Unlocking Good Deals– Winter Home Buying https://emilyfarber.com/real-estate-blog/the-secret-to-unlocking-good-deals-winter-home-buying/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/the-secret-to-unlocking-good-deals-winter-home-buying/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Is It a Good Idea to Move to Iowa? https://emilyfarber.com/real-estate-blog/is-it-a-good-idea-to-move-to-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/is-it-a-good-idea-to-move-to-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Battle Royale: Trump vs the US Housing Market https://emilyfarber.com/real-estate-blog/battle-royale-trump-vs-the-us-housing-market/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/battle-royale-trump-vs-the-us-housing-market/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Are First-Time Home Buyers Doomed? Home Prices…A Force That Will Reshape The US? https://emilyfarber.com/real-estate-blog/are-first-time-home-buyers-doomed-home-prices-a-force-that-will-reshape-the-us/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/are-first-time-home-buyers-doomed-home-prices-a-force-that-will-reshape-the-us/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> NEVER Buy These 10 Types of Houses in Iowa (and many other states, too)! https://emilyfarber.com/real-estate-blog/never-buy-these-10-types-of-houses-in-iowa-and-many-other-states-too/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/never-buy-these-10-types-of-houses-in-iowa-and-many-other-states-too/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The Most Underrated State in the USA…Iowa | WHY People Are Moving Here! https://emilyfarber.com/real-estate-blog/the-most-underrated-state-in-the-usa-iowa-why-people-are-moving-here/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/the-most-underrated-state-in-the-usa-iowa-why-people-are-moving-here/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> They’re Lying To You About Moving To Iowa (What Living Here Is Actually Like) https://emilyfarber.com/real-estate-blog/theyre-lying-to-you-about-moving-to-iowa-what-living-here-is-actually-like/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/theyre-lying-to-you-about-moving-to-iowa-what-living-here-is-actually-like/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Natural Disasters–Where to Live to (Mostly) Avoid Them https://emilyfarber.com/real-estate-blog/natural-disasters-where-to-live-to-mostly-avoid-them/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/natural-disasters-where-to-live-to-mostly-avoid-them/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Going Nowhere Fast…Housing Market Update Q4 2024 https://emilyfarber.com/real-estate-blog/going-nowhere-fast-housing-market-update-q4-2024/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/going-nowhere-fast-housing-market-update-q4-2024/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Real Celebrity Homes of Iowa https://emilyfarber.com/real-estate-blog/real-celebrity-homes-of-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/real-celebrity-homes-of-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> DIY Home Buying vs Using an Buyer’s Agent: Is Hiring A Realtor Worth It? https://emilyfarber.com/real-estate-blog/diy-home-buying-vs-using-an-buyers-agent-is-hiring-a-realtor-worth-it/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/diy-home-buying-vs-using-an-buyers-agent-is-hiring-a-realtor-worth-it/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Discover This Iowa Horse Acreage! | 5640 Lower West Branch Rd SE, West Branch, IA https://emilyfarber.com/real-estate-blog/discover-this-iowa-horse-acreage-5640-lower-west-branch-rd-se-west-branch-ia/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/discover-this-iowa-horse-acreage-5640-lower-west-branch-rd-se-west-branch-ia/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Explore Inside a Real Life Fairytale Cottage | 810 Roosevelt St, Iowa City https://emilyfarber.com/real-estate-blog/explore-inside-a-real-life-fairytale-cottage-810-roosevelt-st-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/explore-inside-a-real-life-fairytale-cottage-810-roosevelt-st-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Unwritten RULES of Iowa! | Things You Need to Know https://emilyfarber.com/real-estate-blog/unwritten-rules-of-iowa-things-you-need-to-know/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/unwritten-rules-of-iowa-things-you-need-to-know/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> House Flipper Special | 317 Church St Iowa City https://emilyfarber.com/real-estate-blog/house-flipper-special-317-church-st-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/house-flipper-special-317-church-st-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> GAME CHANGED!! NEW ERA of Real Estate https://emilyfarber.com/real-estate-blog/game-changed-new-era-of-real-estate/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/game-changed-new-era-of-real-estate/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Home Shopping Secrets–10 Mistakes to Avoid https://emilyfarber.com/real-estate-blog/home-shopping-secrets-10-mistakes-to-avoid/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/home-shopping-secrets-10-mistakes-to-avoid/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Iowa on the Brink a Homeowners Insurance Crisis?! https://emilyfarber.com/real-estate-blog/iowa-on-the-brink-a-homeowners-insurance-crisis/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/iowa-on-the-brink-a-homeowners-insurance-crisis/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Explore Downtown Iowa City & Campus Walking Tour https://emilyfarber.com/real-estate-blog/explore-downtown-iowa-city-campus-walking-tour/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/explore-downtown-iowa-city-campus-walking-tour/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tour a Stylish Iowa City Ranch | 788 Sherwood Dr https://emilyfarber.com/real-estate-blog/tour-a-stylish-iowa-city-ranch-788-sherwood-dr/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tour-a-stylish-iowa-city-ranch-788-sherwood-dr/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Should Home Sellers Pay The Buyer’s Agent Commission? https://emilyfarber.com/real-estate-blog/should-home-sellers-pay-the-buyers-agent-commission/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/should-home-sellers-pay-the-buyers-agent-commission/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Affordable Small Town Living | 211 Thomas Dr West Branch, Iowa https://emilyfarber.com/real-estate-blog/affordable-small-town-living-211-thomas-dr-west-branch-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/affordable-small-town-living-211-thomas-dr-west-branch-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Surprising Ways US Presidential Elections Impact the Housing Market https://emilyfarber.com/real-estate-blog/surprising-ways-us-presidential-elections-impact-the-housing-market/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/surprising-ways-us-presidential-elections-impact-the-housing-market/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> BUYER BEWARE: Before You Sign, Watch This Buyer Representation Agreement Breakdown! https://emilyfarber.com/real-estate-blog/buyer-beware-before-you-sign-watch-this-buyer-representation-agreement-breakdown/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/buyer-beware-before-you-sign-watch-this-buyer-representation-agreement-breakdown/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tour This Iowa City Ranch Home | 1123 Village Farm Ct, Iowa City https://emilyfarber.com/real-estate-blog/tour-this-iowa-city-ranch-home-1123-village-farm-ct-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tour-this-iowa-city-ranch-home-1123-village-farm-ct-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Real Estate IS ABOUT Change FOREVER For Buyers! https://emilyfarber.com/real-estate-blog/real-estate-is-about-change-forever-for-buyers/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/real-estate-is-about-change-forever-for-buyers/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> The REAL Pros and Cons of Moving to Iowa https://emilyfarber.com/real-estate-blog/the-real-pros-and-cons-of-moving-to-iowa/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/the-real-pros-and-cons-of-moving-to-iowa/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> End of The Sellers’ Market? Iowa City Spring Housing Market Update https://emilyfarber.com/real-estate-blog/end-of-the-sellers-market-iowa-city-spring-housing-market-update/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/end-of-the-sellers-market-iowa-city-spring-housing-market-update/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Check Out This Budget-Friendly Coralville Home! –1003 20th Ave, Coralville, IA https://emilyfarber.com/real-estate-blog/check-out-this-budget-friendly-coralville-home-1003-20th-ave-coralville-ia/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emily-real-estate-67.eapsites03.com/real-estate-blog/check-out-this-budget-friendly-coralville-home-1003-20th-ave-coralville-ia/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Village Green Neighborhood | Iowa City Neighborhoods https://emilyfarber.com/real-estate-blog/village-green-neighborhood-iowa-city-neighborhoods/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/village-green-neighborhood-iowa-city-neighborhoods/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Choosing A Neighborhood — Top Tips for Picking Your New Home Wisely https://emilyfarber.com/real-estate-blog/choosing-a-neighborhood-top-tips-for-picking-your-new-home-wisely/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/choosing-a-neighborhood-top-tips-for-picking-your-new-home-wisely/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Explore this Eastside Iowa City Ranch | 107 Washington Park Rd, Iowa City https://emilyfarber.com/real-estate-blog/explore-this-eastside-iowa-city-ranch-107-washington-park-rd-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/explore-this-eastside-iowa-city-ranch-107-washington-park-rd-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Don’t Buy A Home in Coralville UNTIL You Visit This One! | 565 Lincolnshire Pl, Coralville https://emilyfarber.com/real-estate-blog/dont-buy-a-home-in-coralville-until-you-visit-this-one-565-lincolnshire-pl-coralville/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/dont-buy-a-home-in-coralville-until-you-visit-this-one-565-lincolnshire-pl-coralville/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Tour a Car Lover’s Affordable Dream House & Garage | 3000 Muscatine Ave, Iowa City https://emilyfarber.com/real-estate-blog/tour-a-car-lovers-affordable-dream-house-garage-3000-muscatine-ave-iowa-city/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/tour-a-car-lovers-affordable-dream-house-garage-3000-muscatine-ave-iowa-city/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> Inside a Downtown Iowa City Condo–Walk to Everything! https://emilyfarber.com/real-estate-blog/inside-a-downtown-iowa-city-condo-walk-to-everything/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/inside-a-downtown-iowa-city-condo-walk-to-everything/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]> NAR SETTLEMENT FALLOUT for Buyers, Sellers & Real Estate Industry https://emilyfarber.com/real-estate-blog/nar-settlement-fallout-for-buyers-sellers-real-estate-industry/ Sun, 19 Jan 2020 15:49:58 +0000 Emily Farber https://emilyfarber.com/real-estate-blog/nar-settlement-fallout-for-buyers-sellers-real-estate-industry/

Gen X buyers, people born between 1965 – 1979, account for 24% of home purchases, and are the most affluent and second largest buying force in the currently operating in the real estate market. If you're planning to sell your home in the near future, make sure you get a free copy of my Seller'S Guide, which is packed full of helpful tip!

https://youtu.be/cA2qxbnjJAI
Gex X buyers are at the peak of their earning potential and are the second largest group of buyers in the real estate market. Watch my video to learn more!

Rise of the Multigenerational Home

One of the most notable trends in Gen X buying data is the fact that many Gen X buyers find themselves sandwiched in the middle of caring for both their aging parents and young children and/or adult children at the same time. Of the Gen X buyers in the real estate market, 1 in 6, or, 16%, purchase a multi-generational home. Interest in multigenerational homes is increasing because people in this age bracket are caring for their aging parents, as well as experiencing their adult children moving back home. Twenty eight percent of Gen X buyers who buy a multigenerational home do so because they are caring for an aging parent, 25% do so because adult children are moving back home, and 27% because adult children never left home. The phenomena of adult children moving back home is not unique to Gen Xers—they’re referred to as “boomerang kids”. This is also major factor for Baby Boomers who buy multigenerational homes, too. The high cost of rent and lack of affordable housing inventory sends adult children back home, either out of necessity or in an attempt to save money, and as a result the trend of increasing interest in multigenerational homes seems to be here to stay.

In the Gen X Pocketbook

Gen X buyers are in their peak earning years and have the highest median income of all buyer age brackets, with a median on $111,100 in 2017, according to National Association of Realtors data, and correspondingly, as a generational group, Gen Xers purchase the largest and most expensive homes and are interested in luxury upgrades and extra space. Most Gen X buyers are experienced in home buying and selling so their taste in what is desirable may be more demanding than younger generations.

What does this mean to you, as a seller? In order to connect with the Gen X demographic, and tap into their buying power, sellers may need to make an investment in improving their home before it goes on the market. Many Gen Xers are not interested in fixer-uppers, rather they want a move-in ready home that meets their needs without a lot of work on their part to get it there. If your home is one that will likely appeal to buyers in the Gen X demographic, you should ensure the interior and exterior are in close to perfect condition. Like many Millennials, Gen Xers interest in eco-friendly features in increasing, although it is not as much of a determining factor for this age group. For more information about eco-friendly home features, check out this website.

Who is Gen X?

According to the National Association of Realtors 2019 Generational Trends Report, Gen X buyers are made up of 65% married couples, 17% single women, 9% single men, 8% unmarried couples and 2% other. Fifty six percent of Gen X buyers have children under the age of 18 living with them in their household.

How do Gen Xers Shop for Homes?

When shopping for a new home, Gen X buyers are more likely than any other age group to begin their hunt online with 47% looking online for properties for sale. Gen Xers search for their new home for about 10 weeks, which is average across age brackets, but they contact a real estate agent for assistance sooner than almost everyone else. What does this mean for you as a seller? Make sure you hire a real estate agent who is going to make your home standout from the crowd online, and one who is a full-time agent and who is well-connected in his or her local real estate association in order for you to know you home is being shown by other agents working with Gen X buyers. If you're interested in even more trends data, you can see NAR's report here.

]]>