By and large the Millennial generation has been iffy when it comes to purchasing real estate. As a group, this generation is known to be saddled with student loan debt, they have seen market highs and lows, and they have just generally taken a laissez faire approach to real estate. Well, the Millennial tides are turning and they are beginning to purchase homes.
In its article “Millennials fuel housing market recovery,” TheRealDeal.com states that this generation “accounts for more than half of all new home loan applications, as it has since last year,” and, “According to the National Association of Realtors, millennials accounted for 38 percent of all homebuyers in the year ending last July, an increase from 32 percent in 2015.”
Millennials are now the most populous generation in the United States, even surpassing their parents, the Baby Boomers, so this home buying trend should certainly keep the market busy for years to come. I love those Millennials and I cannot wait to help them buy homes!
If you are looking to buy or sell a home anywhere in Miami, please call me at 305-798-8685, or visit my website at: Luxury Miami Real Estate
My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.
Consistently in the top 10 company-wide at BHHS EWM Realty for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!