• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Pacific Funding Group

Your Professional Mortgage Resource

Talk to a loan expert today.
Call (866) 631-2130
better business bureau A rating

Top 100 Mortgage Lender Badge

Follow Us On Facebook

  • Home
  • About
    • PFG Careers
  • Loan Programs
  • Apply Now
  • Divisions
    • Builder Division – New Home Financing
    • CU Lending Division
  • PFG Blog
  • Contact
  • Do Not Sell My Information

Are You 1 of the 59 Million Planning to Buy This Year?

February 22, 2017 By Pacific Funding Group

Are You 1 of the 59 Million Planning to Buy This Year? | Simplifying The Market

According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.

The survey also revealed 3 key takeaways:

  1. Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52)
  2. Minorities, particularly African-Americans, were twice as likely to respond that they were considering purchasing a home this year than white respondents.
  3. Many potential buyers believe they need to put 20% down and need to have perfect credit to own and are unaware of programs that would allow them to buy now.

Holden Lewis, a mortgage analyst for Bankrate.com, pointed to one big reason why many Americans are starting to consider homeownership:

“Having kids and raising a family is a primary reason why Americans take the leap into homeownership—many consider it a key component of the American dream.”

Bottom Line

If buying a home is a part of your dream for 2017, let’s get together to determine if you are able to.

Filed Under: PFG Blog

Primary Sidebar

Prequalify for A Loan Today!

Complete this form and get prequalified for a loan in 2 minutes!
  • By clicking the "Get My Free Quote!" button, I acknowledge that I agree to receive a phone call from 1 Loan Specialist at Pacific Funding Group at the number provided. Consent is not a condition in order to qualify for a loan. Your information will never be shared with any third party. Ever. 128 bit Encryption.

Footer

Antioch CA Location

Pacific Funding Group
5123 Lone Tree Way
Antioch, CA 94531
T: (925) 634-6700
F: (925) 240-6000

Alamo CA Location

Pacific Funding Group
3189 Danville Blvd. Ste 225
Alamo, CA 94507
T: (925) 634-6700
F: (925) 240-6000

Stockton CA Location

Pacific Funding Group
343 E Main Street, Suite 904
Stockton, CA 95202
T: (925) 634-6700
F: (925) 240-6000

Loan Programs

  • Home Mortgage Loans
  • Loans For Our Heroes
  • FHA Loans
  • Home Loans
  • Reverse Mortgage Loan

Home | About | Calculators | Loan Programs | Mortgage FAQs | Fair Lending Statement | Apply Now | Loan Lock Form

Copyright © 2021 · All Rights Reserved · Privacy Policy · Pacific Funding Group · Site by Clifton Creative Web

Equal Housing Opportunity Lender. Not a commitment to lend. Rates and programs are subject to change. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.

equal housing opportunity logo