The field of real estate has long been a hugely important one here in the United States. After all, people have always wanted to buy homes and properties – for a variety of reasons, for that matter. In fact, many people buy real estate not in order to live on the land, but in order to use it for investment purposes. As a matter of fact, more than 95% of all people within the millennial generation are actually interested in making some type of a real estate investment at some point in time – and more than 80% of all people who already have one are interested in having another one as well. In terms of the total population outside of just the millennial generation, up to a full 89% of all investors in this country are likely to consider real estate as another way to invest, one that is likely to be quite lucrative in the coming future indeed.
If you’re looking into making a real estate investment, professional realtors will be able to help you. And hiring these realtors is something that is more likely than not going to be well within your best interests. Through hiring realtors, you will able to get knowledge on this method of investing that otherwise would not have existed, allowing you to make smarter choices in regards to it. And hiring realtors or even real estate agents for such purposes is very commonplace (and only growing more so), with more than half of all people looking to have a realtor provide advice on managing this new property. Nearly half of all people want said realtors to also look over the terms of the purchase, and an additional 47% of those looking to make some type of a real estate investment also looking to get advice on the down payment that will be made when the property is actually purchased.
But realtors aren’t just useful for buying real estate investments. For those who are looking to buy a home to actually live in, realtors can also play a hugely beneficial role, to say the very least on the subject. In fact, realtors are hugely in demand at the current date, as up to 40 million homes will be sold over the course of a single year, and realtors can help with the processes of buying and selling alike.
And many of the people buying homes are actually first time home buyers, unfamiliar with the process of finding a home and then actually purchasing it. In fact, such home buyers even actually make up more than 40% of the population of those who are buying homes (around 42% of it, to be slightly more precise on the subject). And these buyers are likely to be in need of the advice that realtors can give, such as where to buy a home and what down payment to make and what inspections to have conducted on the home before it is actually ever purchased.
Choosing where to buy a home can, in and of itself, be quite difficult indeed. For instance, housing prices are likely to be much lower outside of the city, and this is likely a large reason why only just under one fifth of those who are looking to buy a home are looking to do so in an urban area. Outside of cities, you’ll be able to find more space for less money, and likely better school districts as well. For those who are looking to buy homes for their growing families, this is more than ideal. In fact, more than one third of all soon to be home owners are even looking into the purchase of suburban homes, with more than 40% of buyers interested in smaller towns and even in rural areas, where space is much more abundant and housing prices tend to be considerably lower indeed.
At the end of the day, the process of buying property can be complex no matter why you are buying it. But buying this property can turn out to be much easier indeed when you have a real estate agent on board with you. Here, realtors matter.