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Joe Lattanzio April 5, 2018

The Younger Real Estate Market: Move Over Millennials, Gen Z Is Moving Into Home Ownership

Although the majority of the Generation Z population make $25,000 or less per year, they really have embraced the American Dream of home ownership. According to a recent survey by Zillow, 97 percent of Gen Z renters asked were confident they will be homeowners in the future, whereas only 55 percent of Millennials were 82 percent of Gen Zers who were renting identified home ownership as the most important component of the American Dream -- more than Millennials, even though … [Read more...]

Filed Under: Market Outlook Tagged With: Gen Z, Millennials, Real Estate

Joe Lattanzio February 26, 2018

What’s Ahead For Mortgage Rates This Week – February 26th, 2018

Last week's economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims. FOMC Minutes: Economic Strength Hints at More Rate Hikes Minutes of the January 30-31 meeting of the Fed's Federal Open Market Committee indicated that most Committee members believe that inflation will reach the Fed's goal of 2.00 percent. Members found that the economy was stronger since 2017 and expected "a … [Read more...]

Filed Under: Market Outlook Tagged With: Interest Rates, Market Update, Unemployment

Joe Lattanzio February 12, 2018

What’s Ahead For Mortgage Rates This Week – February 12th, 2018

Jerome "Jay" Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Mr. Powell, who follows former Fed Chair Janet Yellen, introduced himself via a video clip on the Fed's website. Weekly readings on mortgage rates and new jobless claims were also released. New Fed Chair Promises "Transparency" in Video Introduction In a video introduction posted on the Fed's website, new Fed … [Read more...]

Filed Under: Market Outlook Tagged With: Fed Chair, Interest Rates, Market Update, Unemployment

Joe Lattanzio February 5, 2018

What’s Ahead For Mortgage Rates This Week – February 5th, 2018

Last week's economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and new jobless claims were released. Last week's economic readings wrapped with a report on consumer confidence. Case-Shiller: Home Prices Rise in November Home prices rose an average of 0.70 percent monthly and 6.20 percent year-over-year … [Read more...]

Filed Under: Market Outlook Tagged With: Case Shiller, Fed, Home Sales

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Joe Lattanzio

Contact Joe Lattanzio

REALTOR® and Certified DreamBuilder Coach

Russell Realty

Mobile (216) 276-4110
Office (330) 723-2777
RE LIC #2012000650

Let me show you great neighborhoods and homes in Medina that perfectly fit your needs. You are never far from shopping, events as well as dinning and once you find that home of your dreams, you can be confident that my experienced negotiating skills will be at work ensuring that you acquire your new home at the best price possible.

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3848 Medina Rd.
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