Strong Buyer Demand Is Expected to Continue

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Home Buyer Demand Will Be Strong for Years to Come

It’s been the cool thing to do lately to talk poorly about millennials and their preference to live in the city centers above their favorite coffee shop. Some people have even said millennials are a “Renter-Generation”.

And while this might be true for some millennials, more and more research has surfaced that shows for the vast majority, owning a home is a major part of their American Dream!

New research shows that 66% of millennials who currently rent are determined to buy a home! Seventy-three percent of those surveyed by Pulsenomics plan to buy a home in the next five years, with 40% planning to do so within the next two years!

Home Buyer Demand Will Be Strong for Years to Come | MyKCM

“Millennials want to own a home as much as prior generations,” Ali Wolf, Director of Economic Research at Meyers Research says. “We saw millennial shoppers scooping up homes in 2018—and 2019 will be no different.”

Bottom Line

Are you one of the millions of renters who are ready and willing to buy a home? Let’s get together to determine your ability to buy now!

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Mark Sullivan

Mark Sullivan runs a local mortgage team in Middle Tennessee. He is also the Sales Manager for the Volunteer Mortgage Group with USA Lending. Mark has a passion for helping his clients achieving the dream of home ownership. He's a proud husband, father, and avid sports lover.

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