Why Millennial And Gen Z Buyers Are Struggling
Right now, it is difficult for people to purchase a house. Prices are very high, inventory remains at record low levels, and this is contributing to bidding wars.
Posts Tagged ‘Millennials’
The Majority Of Millennials Plan On Buying A House In The Next Few Years
During the past year, the housing market has been on fire. There are not a lot of houses for sale, many people are interested in moving, and there is a rising demand from the people who put off moving during the coronavirus pandemic.
Many Millennials Need More Space
There are many Millennials who are looking for a home, and many of them are getting ready to trade up for more space. If you think you need more space, you may have more buying power than you realize. The coronavirus pandemic has led to a lot of changes, and you might be able to use the equity in your home to purchase a bigger house with more features.
The Younger Generation is Looking To Buy Houses
The current housing demand is unparalleled and because of this demand, home prices are skyrocketing. Nonetheless, people continue to shop for homes. Low-interest rates and high demand combined with supply chain issues are stunting the homebuilding industry, creating a perfect storm for an unprecedented housing market. In addition, there are many millennials who are looking for homes right now as well. Why is this the case?
Attracting First-Time Homebuyers With The Top Features
With many young homebuyers entering the market, it is important for those looking to sell a home to think about the features that the younger generation is looking for. With numerous people between the ages of 18 and 34 getting ready to pur...