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!
Why Selling Your House on Your Own in 2021 Is a Mistake
Why Selling Your House on Your Own in 2021 Is a Mistake There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help...
January Single Family Inventory Salt Lake County (Active)
January Single Family Inventory Salt Lake County (Active)
3 Must-Do’s When Selling Your House This Year
3 Must-Do’s When Selling Your House This YearIt’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving...
Expert Forecast on the 2021 Housing Market
Here’s to a Wonderful 2021!
Here’s to a Wonderful 2021!
Thank You for All Your Support
Thank You for All Your Support We Cherish Your Relationships With Us!You helped us make a great 2020!
The Difference a Year Makes for Homeownership
The Difference a Year Makes for HomeownershipOver the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant...
Holidays Aren’t Stopping Homebuyers
The Holidays Aren’t Stopping Homebuyers This Year Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active...
Utah Forbearance Problems
Are Home Prices Headed Toward Bubble Territory
Are Home Prices Headed Toward Bubble Territory?Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is...