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Real Estate Questions and Answers

Real Estate Questions and Answers

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

April 19, 2019 by Rick Landuyt

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | Simplifying The Market

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • “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%.
  • Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like or renovate an outdated part of their living space.

Filed Under: First Time Home Buyers, For Buyers, For Sellers, Infographics, Millennials, Move-Up Buyers

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