Lance Parham Real Estate

Lance Parham Real Estate

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I believe that earning my clients trust and respect by providing superior service, allows my clients to achieve those goals.

07/02/2026

Most buyers think negotiating a home comes down to one number: the price. It's only a fraction of what's actually on the table. ๐Ÿก

Right now buyers have more room to ask than they've had in years โ€” in 2025, 62.2% of buyers paid below list price. The real wins are in the terms underneath the price:

- Seller credits toward your closing costs (which run 2โ€“5% of the price)
- Repairs โ€” or a cash credit โ€” after the inspection
- A closing timeline built around the seller's needs
- Appliances, fixtures, and extras that stay with the home

The buyers who come out ahead aren't the ones who push hardest on price. They're the ones who know everything they can ask for.

Read the full article: https://lanceparhamrealestate.com/what-you-can-negotiate-in-a-home-purchase-that-most-buyers-dont-realize/

06/09/2026

Multi-generational home buying hit a record high in 2024. 14% of all home purchases were multi-generational. Gen X buyers led the way at 19%. ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ

This isn't a trend. It's a structural shift.

Among multi-generational buyers, 41% said the primary reason was to care for or support aging parents โ€” the highest share since tracking began in 2015. Another 23% wanted to spend more time with their parents. For Gen X especially, who are often supporting both aging parents and adult children, a home designed to accommodate multiple generations solves several problems at once: caretaking, privacy, and cost.

House hacking doesn't always mean renting to strangers. Sometimes it means sharing a home โ€” and the costs โ€” with the people who matter most.

Read the full article: https://lanceparhamrealestate.com/house-hacking-in-2026-what-the-hype-got-wrong-and-what-actually-works/

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Address


811 Queen Anne Road
Teaneck, NJ
07666