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Showing posts from November, 2019

Millennials Are Finally Buying Homes But Are Lenders Ready?

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According to National Mortgage News: Millennials Are Finally Buying Homes But Are Lenders Ready? Millennials still living at home in their parents’ basements has become the brunt of memes and jokes—and widely publicized in 2018 when a judge ruled that a New York couple could evict their 30-year-old son from the family home—but there’s a multitude of reasons why it’s taking this generation longer than previous generations to hit the adult milestone of homeownership.  However, Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.  That’s good news for the U.S. economy in general—and mortgage lenders in particular. As a generation, the Millennials pack a lot of buying power. In 2019, their numbers surpassed that of the largest generation to date: Baby Boomers. 1  Millennials are the largest generation in the U.S. labor force, according to a Pew Research Center analysis of U.S. Census Bureau data....

Adam Araneo Joins Bennion Deville Homes, Indian Wells

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ADAM ARANEO JOINS BENNION DEVILLE HOMES INDIAN WELLS SEPTEMBER 23, 2019   |   AGENTS,  NEWS Adam Araneo, REALTOR, joins the Indian Wells office of Bennion Deville Homes. Welcome Home, Adam Araneo Adam Araneo ,  REALTOR® , joins the  Indian Wells   office  of  Bennion Deville Homes , located at 74-910 Highway 111. Adam has been in the real estate industry since 2017 and works with clients throughout the desert, specializing in the communities of  Rancho Mirage ,  Palm Desert , and  La Quinta . In addition to his real estate license, Adam earned a bachelor’s degree in journalism and public relations from  Chico State . Real estate is the perfect industry for Adam because of his passion for assisting others and his ability to implement the professional skills he has sharpened over the course of his career working in sales and in the golf industry. “I genuinely enjoy being around people and building strong relations...