No tags yet.
Why, When and Where: Millennial Homeownership
As a real estate professional, I like giving a nationwide perspective of home prices and buying opportunities. I often hear about how millennials don’t like to settle down as much as previous generations, leading me to believe that more people are taking a broader look the country when it comes to buying a home. However, a Money.com article put me back on my heals. Turns out millennials are not actually moving as much as previous generations. The major shift isn’t how many pe
The Cultural Shift That Led To Millennial Home Buying Habits
News flash: real estate is expensive. High price tags are making it harder for young people to buy their first home. Homeownership has dipped to 63% in America, which is the lowest in fifty years. Just 36% of early millennials are home owners. Do young people just have less money to invest? As it turns out, pricing isn’t the only factor keeping millennials in their apartments. There is a cultural shift afoot and it’s rippling through multiple sectors, including real estate. T