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!
Think This Is a Housing Crisis? Think Again.
Think This Is a Housing Crisis? Think Again.With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it's logical to...
What If I Need to Sell My Home Now? What Can I Do?
What If I Need to Sell My Home Now? What Can I Do?Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in...
Recession? Yes. Housing Crash? No.
Recession? Yes. Housing Crash? No.With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate...
More than half of homes in America have at least 50% equity. Wondering how much equity you have? Let’s connect.
What You Can Do to Get Your House Ready to Sell
What You Can Do to Get Your House Ready to Sell Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store. Your real estate plans don’t have to be completely on hold even while we’ve hit the...
Why Home Office Space Is More Desirable Than Ever
Why Home Office Space Is More Desirable Than EverFor years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise...
Will Surging Unemployment Crush Home Sales?
Will Surging Unemployment Crush Home Sales?Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many...
Auto DraftWhy Pre Approval Is a Great Step to Take Today
Why Pre Approval Is a Great Step to Take Today If you’re in the position to buy a home this year, pre-approval is something you can still do right now to get ahead in the homebuying process. Let’s connect to talk about your goals for 2020.
The Housing Market Is Positioned to Help the Economy Recover
The Housing Market Is Positioned to Help the Economy RecoverSome HighlightsExpert insights are painting a bright future for housing when the economy bounces back – and it will.We may be facing challenging economic times today, but the housing market is poised to help...
Looking to the Future: What the Experts Are Saying
Looking to the Future: What the Experts Are SayingAs our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human...