Do you want content like this delivered to your inbox?
Share
Share

There's A New Buyer In Orange County

Chandy Andre

With almost two decades of Real Estate experience, Chandy Andre has accumulated a diverse skill set including a Southern California Regional Owner of .

With almost two decades of Real Estate experience, Chandy Andre has accumulated a diverse skill set including a Southern California Regional Owner of .

Aug 8 2 minutes read

The U.S. homeownership rate rose in 2017 for the first time in 13 years. Millennial homeownership was the largest increase of any age group from 2016-2017. This rapid increase could be due to multiple factors. Rent prices are at an all-time high, wages are rising at 2.9% per year (the fastest since 2009), and are in fact the largest population in U.S. history.*

In the next five years, a whopping 66% of millennials are expected to buy homes…and will most likely buy yours.

*statistics sourced from:

https://www.nar.realtor/research-and-statistics/research-reports/home-buyer-and-seller-generational-trends | https://www.wsj.com/articles/homeownership-rate-rises-in-2017-for-first-time-since-2004-1517334537 | https://www.goldmansachs.com/our-thinking/pages/millennials/ | https://www.pewresearch.org/fact-tank/2018/05/04/more-than-a-million-millennials-are-becoming-moms-each-year/ | https://www.housingwire.com/articles/42748-millennials-lead-all-other-generations-in-buying-homes

Thinking of selling your home?

We'd love to help!

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info