Home Buyer Demand Will Be Strong for Years to Come
There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”.
And while this might be true for some millennials, more and more research has surfaced that shows for the vast majority, owning a home is a major part of their American Dream!
New research shows that 66% of millennials who currently rent are determined to buy a home! Seventy-three percent of those surveyed by Pulsenomics plan to buy a home in the next five years, with 40% planning to do so within the next two years!
“Millennials want to own a home as much as prior generations,” Ali Wolf, Director of Economic Research at Meyers Research says. “We saw millennial shoppers scooping up homes in 2018—and 2019 will be no different.”
Bottom Line
Are you one of the millions of renters who are ready and willing to buy a home? Let’s get together to determine your ability to buy now!
Happy Halloween
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints'...
Relocation Trends: Why High-Net-Worth Buyers Are Choosing the Mountain West States
High-net-worth buyers are increasingly relocating to the Mountain West states—Idaho, Montana, Wyoming, Utah, and Colorado—attracted by tax advantages, privacy, natural beauty, and outdoor recreation. Luxury real estate has evolved from rustic cabins to sophisticated...
Buying or Selling: What’s Your Agent Strategy?
Visit Real Estate offices early and ask questions to gauge their professionalism and fit. Understand seller motivations to make offers with attractive terms that could win deals.
How to get a mortgage when you’re self-employed
Self-employed individuals can qualify for a home loan, but they may face additional challenges in proving income stability. To improve approval chances, consider non-conforming loans, make larger down payments, raise credit scores, and lower debts. Lenders require...
Most Affordable Cities to Buy a Home in Utah (2025)
Here is an overview of affordable cities in Utah for homebuyers in 2025, highlighting median prices, cost of living, and unique features for each city. This provides an at-a-glance guide to communities where your housing dollar might stretch further. Most Affordable...
Will the Housing Market Rebound? Predictions for 2025 and 2026
The U.S. housing market is expected to see gradual growth through late 2025 and into 2026, with no major price drops on the horizon. Existing-home sales rose 2% in July 2025, inventory is up 15.7% year-over-year, and the median price is holding steady at $422,400....
Global Real Estate: $19.5T by 2031
The global residential Real Estate market will reach USD 19.5T by 2031, growing at 9.2% CAGR. Urban growth in emerging nations will drive increased demand for residential Real Estate by 2030.
Salt Lake County Shines as Top Choice for New Families
Childcare costs as a percent of median household income: 21.34% Housing costs as a percentage of median household income: 20.84% Percentage of population under age 10: 13.12% Number of children under age 10: 155,636 Ratio of total population to primary care...
Top 10 Tips for First-Time Homebuyers
First-time homebuyers should identify their current and future needs, understand the true cost of homeownership including taxes and maintenance, and start saving early for down payments and closing costs. Building and managing credit wisely is crucial. Research...
Time to Sell? Key Market Signals
Outgrowing or underusing your space signals it might be time to sell and move on. A strong seller’s market boosts sale price, speed, and overall success of your listing.