There is a value of owning a home for millennials. But, home ownership is down among the Millennial generation as reported by Business Insider and many other news outlets. There are lots of reasons why this could be happening, tighter credit standards, change in lifestyle, lower incomes out of college, high student debt and the fact that millennials are marrying later and having children later in life. And certainly coming out of one of the worst recessions in US history, many … Continue reading...
Understanding The Millennial Home Buyer
Today's home buyer is very different than even 15 or 20 years ago. As a home seller or even a real estate agent understanding today's home buyer is critical in helping to get your home sold. We are going to talk about one segment of the home buying population, the Millennial home buyer or generation Y. The Millennial home buyer is shaping the real estate today and will for years to come. So why are we talking about the Millennial home buyer? … Continue reading...