Ignite FB Tracking PixelParents Are Buying Homes for Kids Priced Out of the Housing Market - Cheryl Savage, GRI, SRES
Pasadera Realty Group, Corp.
Cheryl Savage, GRI, SRES, Pasadera Realty Group, Corp.Phone: (831) 574-9653
Email: [email protected]

Parents Are Buying Homes for Kids Priced Out of the Housing Market

by Cheryl Savage, GRI, SRES 09/19/2022

High property prices and mortgage rates mean new homebuyers rely more on assistance than ever before. 

As the real estate market shows signs of cooling off inflation, higher interest rates make it difficult for young house purchasers to buy properties independently.

 Parents are co-signing for a mortgage, giving money for a down payment or purchasingtheproperty outright.  

About the Author
Author

Cheryl Savage, GRI, SRES

With over 30 years of experience in real estate, including loans, short sales, new construction, foreclosures and individual business development, Cheryl has cultivated an ability to see the “big picture” and develop creative options to move business forward. Cheryl’s first real estate company (launched 20 years ago) has consistently been in the top 5% in Monterey County for gross volume, number closed transactions, per-person production and top producing agents. Cheryl is a certified Seniors Real Estate Specialist, helping seniors and their families sell, downsize and relocate, and has received extensive training in helping 50+ home-buyers and sellers.

~Cheryl 831-574-9653