5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons – including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living space, at 93%.

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Even when millennials do move out, they’re more likely to rent than buy. And that matters. OK for older people to share a home with grown children. As to why this stigma might be fading, there are.

In fact, 19% have no savings at all, according to Bankrate, while 21% save only 5% of their yearly income. people who also saving and planning for earlier life events like buying a home.

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"The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons – including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.". The top reason millennials choose to buy is to have control over their living space, at 93%.

 · ”The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons – including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living space, at 93%.

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Who is responsible for the shortage of homes for sale and why? We’ve identified some suspects. More than three-quarters of baby boomers own their homes. For millennials to buy their first homes, and.

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The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020. CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.

Real estate news, statistics and tips for home buyers and sellers in the Glendale area from an. 5 Reasons Millennials Choose to Buy [INFOGRAPHIC]. January.

“As millennials continue to age into their prime home-buying. “Why Everything You Know About First-time home buyer Affordability is Wrong” can be downloaded for Fleming and Kushi’s insight on the.