The millennial generation is the largest generation in United States history, and we're just seeing them begin to assert their buying power when it comes to Real Estate.
There is, of course, the old trope that most millennials are in some form of arrested development and are resigned to live in their parent's basement for the next decade. While its impossible to generalize the largest generation in US history, the idea that most millennials aren't interested in home ownership is NOT TRUE. Buyers aged 18-34 years have comprised the largest share of first-time homebuyers at roughly 50-60 percent for the last few years.
It is certainly not to say there aren't some headwinds & myths that are holding millennials back from becoming homeowners.
The good news is that it's never been easy for millennials to become homeowners than it is now. With a strong real estate market, competitive mortgage rates, and some conventional downpayment options as low as 3%, home buying millennials have a lot of advantages.
The home buying process can be daunting, especially for first-time buyers. We're here to make the process as stress-free as possible. So take advantage of the advanced search feature of this site, find some interesting homes, and when you're ready we'll be here to answer any questions.
