According to NerdWallet’s Millennials & Homebuying Study, the top 5 reasons young renters choose to own are:
According to NerdWallet’s Millennials & Homebuying Study, the top 5 reasons young renters choose to own are:
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that they cannot afford them.
This brings us to two major misconceptions that we want to address today.
Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return on Investment (ROI).
For the longest time, many experts doubted whether Millennials (ages 18-36) valued homeownership as part of their American Dream.
Looking at the latest statistics from the National Association of Realtors’ we can see that ‘Old Millennials’ (ages 25-36) are dominating the first-time homebuyer category.