Millennials Are Still a Driving Force of Today’s Buyer Demand

Written by Treasure Island FL Mortgage Syndicated User on November 1, 2022. Posted in Demographics, For Sellers, Housing Market Updates, Millennials, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why. Millennial Homebuying Power While there’s no denying higher mortgage rates are making it more challenging to afford a home...

Millennials: Do You Need a Home with More Space?

Written by Treasure Island FL Mortgage Syndicated User on March 1, 2022. Posted in Demographics, Down Payments, For Buyers, For Sellers, Millennials, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering you’ve outgrown your home. If that’s the case, you’re not alone. The past two years brought about significant changes for many people, and today, homeowners are reevaluating what they truly need in a home. As a recent report from the Wall Street Journal states: “They...