Home Buyer Demand Will Be Strong for Years to Come
There has been a lot written about millennials and theirpreference to live in city centers above their favorite pizzaplace. Some have even gone so far as to say that millennials area “Renter-Generation”.
And while this might be true for some millennials, more and moreresearch has surfaced that shows for the vast majority, owning ahome is a major part of their American Dream!
New research shows that 66% of millennials who currently rentare determined to buy a home! Seventy-threepercent of those surveyed by Pulsenomics planto 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 priorgenerations,” Ali Wolf, Director ofEconomic Research at MeyersResearch says. “We saw millennialshoppers scooping up homes in 2018—and 2019 will be nodifferent.”
Bottom Line
Are you one of the millions of renters who are ready and willingto buy a home? Let’s get together to determine your abilityto buy now!