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December 2013 News Letter

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Increase Your Sphere of Influence in 2014, 5 Reasons Millennials Aren't Buying Homes, Real Estate Market Update for December
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December, 2013

Real Estate News & Updates

5 Reasons Millennials Aren't Buying Homes
 
The economy is stabilizing, and home loan prices are still historically low in many markets across the country. Many are taking advantage of this, and buying new homes. But Millennials (people born in the 1980s and 90s) haven’t joined this home-buying club as quickly as others.
Here are a few reasons why:

1. Student Loans
According to CNN Money, the average amount of student debt for a 2013 grad is $35,000, in government and private loans. A truly frightening number is “$1.1 Trillion,” which is the amount of unpaid student loan debt across the country. Adding a mortgage on top of that is a harrowing undertaking, and something many aren’t willing to risk. 

2. Still At Mom and Dad's
Last year, 10% of women and 17% of men lived with their parents. Many do this just after college or between jobs, because that’s when finances are the most unknown and unstable. Saving is often a luxury, and is put on the back burner.
 

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Increase Your Sphere of Influence in 2014

In the real estate industry, networking is one of the most important facets of the job. A savvy real estate professional will use each and every opportunity to meet new people and connect with them to make future business opportunities.
 
Try these simple strategies to grow your sphere of influence and increase business leads:
 

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Real Estate Market Update For December
 
We've scoured the internet to bring you the hottest news in real estate and put it all right at your finger tips. See what's making headlines in markets across the country and keep up on new and developing trends changes in the housing market. As an added bonus you can even share these articles on your blog website or social network with a single click.
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