I heard that MILLENNIALS were not purchasing homes. That is CERTAINLY untrue!!! CONGRATULATIONS to all my young, beautiful clients that have made it through the home buying process over the past year, and all are currently sitting on equity! As one of Atlanta’s top producing real estate agents, I wanted to know why so many millennials were afraid of purchasing a home! I analyzed what the issues were and here were the most common issues I found.
They thought that you would have to pay a real estate agent to help them find a home
They did not understand equity/ wealth portion of home ownership
They did not know where they could find down payment assistance.
Their parents felt more comfortable with them renting
They did not know that you can sell your home at anytime and became afraid of their job moving them
According to the NAR, buyers 36 years and younger (Millennials/Gen Yers) is the largest share of home buyers at 34 percent!!!
In my next #savvygabbysundays blog I will overcome all hesitations via video with you! So you can build equity like them! Thank you for helping me accomplish my goal of becoming one of Atlantas best!!