Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.The
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 millennial's, 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."
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! Contact Us and Find out How we can Help you get into that new Home. We can Find you financing!
I am a Licensed Florida Real Estate Broker, Realtor®, and Owner of Charlotte County Properties Inc for over 16 years. In that time, I have received many review, awards and testimonials demonstrating....
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Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today .