Castro Valley, CA (PRWEB) January 10, 2015
In the CBS News Moneywatch report “Why millenials are not running to purchase houses,”(1) writer Jason Notte indicates that the Millenial generation has yet to experience any economic recovery and still feels too much doubt about the future to make a monetary obligation as big as buying a house.
“The post points out several distressing matters about the financing of many Millenials,” remarked Castro Valley, CA Realtor(registered company) Murline Monat. Referencing the data that 21% of Millenials don’t understand their present credit score, and 11% have never checked it, Ms. Monat noted, “understanding your credit score is the first step in many purchases, not only buying a house. Anything funded – furniture, amusement equipment, computers, anything – needs a credit check. Understanding your standing prior to making a purchase can help establish your expectations.” Murline Monat specializes in residential real estate in Castro Valley Areas.
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Enduring financial institutions rewarded for their behaviour with bailouts and coming of fiscal age seeing the market fall made a substantial part of Millenials exceptionally untrusting of banks – leaving few other places to conserve their cash. Beginning their professions with elevated rates of debt and in low-wage occupations means that there’s not much cash to save. “With little to no cash to save, I think it is not overly surprising that nearly 10% of the generation will not keep a savings account. But it’s such an easy measure to take towards establishing monetary equilibrium,” Ms. Monat noted.
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Now, the national average for a down payment is $ 30,000 and the median house cost is $ 220,000. “That the bulk of Millenials cannot buy a house now really isn’t the issue. The issue is they don’t appear to have the knowledge of what to do financially to have the ability to buy a house later on,” Ms. Monat reasoned.
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A longtime Bay Area resident, Murline brings an abundance of wisdom and expertise to her realty profession – including an M.S in Industrial Psychology, constructing her home, and group facilitation. Murline’s background makes her an exceptional champion for her customers. By negotiating the very best price, and ensuring Murline’s customers are suitably advised through the buying or selling procedure, coordinating all of the parties involved, Murline’s standing locally and realty business is impeccable.
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Before becoming a realtor in 2009, Murline Monat spent her time examining sales trends for little businesses and big corporations. The difference between real estate trends and retail sales trends are minimal and the realtor can support her customers in one of the very most significant lifestyle options they’ll make. These choices “bring great comfort and gratification to people and to families. I really like being part of that process.”
A Bay Area resident since age 5, Murline and her husband made Castro Valley their house due to its own central place for both of their professions at the time. The selection to reside in Castro Valley has consistently been a joyful one, while a practical selection.
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Contact Information
Murline Monat
Empire Realty Associates, Inc.
Danville, CA 94526
510-406-0114
925-523-9852
MMonat(at)EmpireRA(dot)com
CastroValleyNeighborhoods.com
MurlineMonat.com
The post Castro Valley CA Real Estate Agent Murline Monat Stresses Financial Points of CBS News December 2014 Millenial Report appeared first on The Real Estate News.
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