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There's a New Buyer in Town

Four Corners Real Estate Group

With the tagline “Five Star Experience” Four Corners is committed to excellence in San Benito County real estate, and beyond to the four corners o.

With the tagline “Five Star Experience” Four Corners is committed to excellence in San Benito County real estate, and beyond to the four corners o.

Oct 7 2 minutes read

The U.S. homeownership rate rose in 2017 for the first time in 13 years. Millennial home ownership 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

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