Monday, October 27, 2014

Millennials Entering Housing Market


While millennials (those born 1982-2005) often get a bad rap and are sometimes referred to as lazy or "entitled", they should not be overlooked as a vital part of our housing market This newest generation of 86 million is coming of age and many are interested in home ownership.  It is true, that as a whole, millennials are leaving home later and waiting until their 30's to get married but recent data supports that they constitute a large number of homebuyers in the very near future.


It brings a smile to my face when I see the "baby boomer" generation shaking their head in disbelief as they observe the ways and mannerisms of many young people today.  Yes, I will secretly agree that the tattoos alone are enough to send one over the edge at times. As a boomer myself, though, I remember how horrified our parents were during the 60's and 70's when the boys stopped cutting their hair, the girls didn't wear makeup or shave their legs and the the world seemed to turn upside down.  We got through those times, figuring it all out along the way and and I have faith that this new generation will, not only surprise us old boomers, but will most likely far exceed our own accomplishments.


 
Nancy Puder is a Real Estate Broker in Arroyo Grande CA with Nancy Puder & Associates. If you have questions or concerns regarding your property, contact Nancy at (805)710-2415 or email Nancy@NancyPuder.com.  You may also go to Facebook.com/Nancy Puder Realtor and "like" her page to access other real estate related articles.

 

 

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