The Neighborhood Experts at Platinum Real Estate can help you find out if you’re ready to buy
By Patricia Nugent
Although Gen Z and Millennials are groups that have traditionally been reluctant to become homeowners, all indicators are pointing to that table turning in 2023.
A recent report shows that more than half of young adults are “demonstrating resolve to find their first home this year.”
It goes on to say that 95% of those surveyed are motivated to buy because of skyrocketing rents. They see home ownership as an investment proposition.
To find out more about how this impacts the local market, I caught up with Denise Zervos, who, along with her husband, Mark, owns The Neighborhood Experts at Platinum Real Estate.
“Today, younger first-time home buyers feel ownership provides a sense of security,” she says. “In the rent vs. own prospect, you’re almost always better off owning. It seems that the biggest barrier to jumping into the market is the mortgage process. People find it daunting, complicated and confusing.”
To clarify the myriad unknowns (How much house can you afford? How much money do you need for a down payment? How do you avoid paying PMI?), the first thing Denise and her team do is connect people to one of the trusted mortgage lenders they work with.
One of the tools they use to get a person started on the buying journey is the Homebot automated app.
This platform empowers consumers with personalized home financial insights to help them understand and connect them directly with experienced loan officers who have low rates and programs, while at the same time tracking current home values.
“Working first between the client and lender, we facilitate the number crunching, then we find the right homes to fit their lifestyle and goals,” she says. “First-time home buyers like it that the process happens quickly. We take the guesswork and ‘unknowns’ away and explain everything. There are new developments and starter homes in Lake County that are coming on the market. Scan the code and let’s get started.”
Platinum Real Estate has offices in Northeast Ohio and Columbus, Florida and South Carolina. To get more information and to start your buying journey with their mortgage app for comparison of lending programs available, scan the QR code, call 216-990-2100, or visit NeighborhoodExperts.com.