Looking for a Place to Call Home

Posted on | June 30, 2017

Millennials overtook baby boomers as the nation’s largest living generation and are now taking over the housing market.

Millennials are the largest group of homebuyers – Millennials account for approximately 34% of the homebuyer market according to the NAR’s 2017 Home Buyer and Seller Generational Trends study.

Millennials are the largest group of homebuyers – Millennials account for approximately 34% of the homebuyer market according to the NAR’s 2017 Home Buyer and Seller Generational Trends study.

Millennials like the suburbs – Almost 50% of this generation is buying homes in the suburbs which affords them larger homes at better price points with many community amenities.

Millennials believe in the American Dream of homeownership – Research conducted by the National Association of Homebuilders found that over 90% of millennials want to buy a home.

Millennials utilize a REALTOR® 90% of the time – They also use the internet to do their research and are considered more aggressive than previous generations when it comes to negotiations.

When working with millennial buyers, rely on AmeriTitle as the right choice for your closing.

Connect with your local AmeriTitle representative.

Sources: Pew Research Center: Millennials overtake Baby Boomers as America’s largest generation; NBC News: Who’s Powering the Housing Market? Surprise! It’s Millennials’ ; National Association of Realtors: HomeBuying Trends Millennials; Zillow: Millennials Drive the Housing Market, and More Surprises From New Zillow Research; Zillow: Millennials Buying in the Suburbs;

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