As a seller, it’s important to know who is out there looking to buy your house. Believe it or not, the largest generation in America – millennials – are still interested in homeownership. And as the housing market continues to heat up, now may be the perfect time to put your house on the market. In this blog post, we’ll discuss why millennials are a force to be reckoned with in today’s housing market and what that means for you as a seller.
Millennials have been dubbed the “renter generation” but that may not be accurate anymore. In fact, millennials are a significant driving force in today’s housing market. Here’s why:
1. Millennial Homebuying Power.
As the largest generation, millennials have a lot of buying power. And as they enter their 30s (the peak homebuying age), we’re seeing more and more of them enter the market.
2. Millennials Continue To Be a Driving Force of Demand.
Not only are millennials interested in buying homes, but they’re also continuing to drive demand in the market. This is due to a number of factors, including strong job prospects and low interest rates.
Millennials are interested in and well-positioned to achieve their homeownership dreams. If you’re ready to sell your house, know that it may be just what they’re looking for.
Checkout this video talking about the benefits of using a local lender