Search Results for: millennials

Rising Rents Push Millennials to Become Homeowners

Realtor.com® survey reveals who’s looking to buy and what they want Forty-four percent of all respondents are looking for a three-bedroom home; 93 percent want at least two bathrooms Twenty-three percent of millennials reported rising rent as a trigger for their purchase More than 20 percent of 55+ buyers said privacy was the top goal for their purchase; 17 percent of millennials said fulfilling family needs This year, the typical spring buyer is on the hunt for a three bedroom, two bathroom home with a garage and up-to-date kitchen, according to a new survey released today from realtor.com®, a leading...

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Millennials Spend 45% of Their Income on Rent

We all know Millennials. They’re the resourceful, creative youngsters who grew up with the latest technology and who are big fans of music festivals and avocado toast. Known as a generation of renters, many Millennials find renting more affordable and hassle-free than buying. But that’s not the only reason they don’t buy. At a time when they should be able to focus on their career, settling down and having a family, Millennials are still going through the stress of student loan debts while at the same time struggling to pay rent. The cost of renting is a huge subject...

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Millennials Speak Out: Housing Experiences

Millennials Speak Out: Housing Experiences Three of REAL Trends’ Millennials employees talk about how they went about buying a home. According to Zillow Group’s Consumer Housing Trends Report, some 42 percent of those looking to buy a home are first-time homebuyers. Some 42 percent of those buyers are Millennials. With the Millennial generation being a dominant piece of the housing market puzzle, what makes them different from their older generation counterparts? Three of REAL Trends’ Millennial team members talk about their home-buying experiences. Paul Salley, 32, director of business acquisition Married to Rachel and dad to Kaden, Gavin and...

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Tips for Marketing the Exterior of a Property to Millennials

Tips for Marketing the Exterior of a Property to Millennials By: Katie Kuchta When it comes to getting in touch with prospective buyers, your marketing strategy is key. Now, when it comes to getting in touch with a desired client base, you have to understand what they look for when researching. Based on a survey conducted by National Association of Realtors in 2017, Millennial respondents encompassed a trivial 66% of first time buyers. It’s no secret that this generation has established a disposable outlook on the way they live. Meaning, they retroactively participate in following trends and are consumed by...

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Real Estate May Be The Answer to Millennials Financial Woes

Unlimited earning potential, flexible hours, and the ability to work from anywhere – a pretty compelling combination for entrepreneurial-minded millennials. We polled millennial real estate agents in the Realty Executives network and found that they are thriving in this space, painting a picture of millennials in the workplace that contradicts common stereotypes about this group. “I do a job that I have 100% control of. I make more money, am on a better schedule, and have more freedom. There is not much of a comparison to my peers when it comes to careers,” says Brittany Siller, a 25-year-old Realty...

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