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MILLENNIAL HOME BUYING POWER | 32819 | 32836 | Dr. Phillips

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MILLENNIAL HOME BUYING POWER

On average 43 percent of millennial home buying power exist today according to the National Association of Realtors report. This era we live in today is driven by baby boomer millennial home buyers that make decent money, money saved and very good credit. So if you are thinking about selling your home these are a group of homebuyers that you can gravitate to and surely be looking for a home like yours. We can call these buyers the renter generation that are seriously ready and well educated to purchase a home. Of course interest rates are going up and so is rent, this is why many are buying homes so that they can be secure in a monthly payment. Click link to see more about affordable housing for millennial homebuyers /AFFORDABLE-HOUSING-FOR-MILLENNIAL-HOMEBUYERS-IN-ORLANDO-FLORIDA--32819---32836---Orlando-Florida-6-20389.html

There are many reasons why millennials are buying homes, they have learned that they can build their own equity instead of the landlord, change in lifestyle, tax advantage, stability, appreciation, more space, tired of paying rent and a fixed monthly payment, less expensive to own versus rent. Click link to learn more about buying versus renting /BUYING-VERSUS-RENTING---32819---32836---Dr-Phillips-6-18852.html

Reports from First American show that millennials may be the most educated generation in our nation history. Due to the fact they earn higher wages and equates to super home buying power. There are many millennials in place with money saved and very good credit to achieve homeownership dreams. Click link to learn more about homeownership /HOMEOWNERSHIP---32819---32836---Dr-Phillips-6-22894.html? If you are ready to sell or buy a home your opportunity is still at hand. Millennials are the key to overall health and stability of the current housing industry. Click here to request a free e-book for buyers https://kevinstrawter.book.live/buyer-book

Clink link for free Millennials Guide to Homeownership Download File (a-millennials-guide-to-homeownership.pdf)

DEGREES AND INCOME

Millennials with a bachelor's degree had a median household income of 100,000 and those with at least a graduate degree had a median household income over 120,000. Those with a high school degree had a median household income of 60,000 and the earning power benefits of higher education are prevalent. Millennials pursuit of higher education is very good news for our nation's housing market because education is the key to unlock both greater earning power with results of homeownership. Since higher wages are one of the key elements in affordability, these extra earnings can help achieve and may exceed your home ownership goals. The millennials and generation Z have a strong urge to invest in real estate. Look for a trusted advisor.

TRUSTED ADVISOR

If you are thinking of selling your home and on the fence or somewhat hesitant because of buyer demand has slowed down because of higher mortgage rates, understand that is not the case for all. Viewing properties of choice, you need a trusted advisor and professional realtor selling in the Dr Phillips and Central Florida area. Stay connected and call Kevin Strawter today for an appointment at 850 496-6412 to guide your footsteps in the right path. Clink link and get to know Kevin more /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html?


  • MILLENNIAL HOME BUYING POWER | 32819 | 32836 | Dr. Phillips
  • MILLENNIAL HOME BUYING POWER | 32819 | 32836 | Dr. Phillips
  • MILLENNIAL HOME BUYING POWER | 32819 | 32836 | Dr. Phillips

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 3/28/24 12:40 PM) |
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