Millennial Mythbuster: They really want to be home buyers

By |2018-04-26T11:02:44+00:00January 9th, 2018|

Millennials are often labeled the renter generation. It turns out that’s a myth. Researchers have found that Millennials want to own a home. Today, more than one-third of Millennials are already homeowners, says the National Association of Realtors.Compared to previous generations, Fannie Mae research shows that while fewer Millennials are initially buying homes, they are accelerating their purchase activity as they get older. In fact, not only do Millennials want to own a home, they want to own multiple homes throughout their lifetimes. One study found that more than two-thirds of Millennials see their current home as just one step towards the home they eventually want. Millennials might just become the greatest home-owning generation of the last 100 years.