The Millennial generation, born between 1981 to 1996, has among the lowest homeownership rates since the 1920s. The reasons vary, but the greatest factor has been affordability. The Millennial generation has the highest student loan debt in US history. If you combine that with the high prices and interest rates, it has created the least […]
Tag Archives: Millennials
10 Ways Millennials are Changing Real Estate
Millennials are changing the real estate market. Their approach to home buying is very methodical and research-driven, and it is amazing how much their behaviors have influenced today’s real estate market. Home buyers age 36 and younger now make up 34% of the buying market (per the National Association of Realtors). Here are ten ways […]
Marketing Your Home to Millennials
According to the National Association of Realtors’ 2016 study of generational housing trends, millennials (those born between 1980 and 2000) make up the largest segment of the buyer market (35%). So, making your home more “millennial friendly” is an important part of any marketing plan when deciding to sell your home. Here are some “must […]