It wasn’t that long ago that people were talking about how millennials simply weren’t buying homes. At the time, that was true—the millennial generation, on the whole, wasn’t looking to buy homes while in their mid or even late twenties. However, while some people may still think of millennials as the young generation, the truth…
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While many Millennials did remain living at home or in apartments longer than other generations, it’s not true that they don’t buy houses. In fact, today, Millennials make up the largest number of first-time homebuyers. However, Millennials do have unique tastes, and many are very cautious about how much debt they take on.
While many people believe that Millennials aren’t buying homes, that’s hardly the case. The truth is that those who are in their mid-thirties (yes, Millennials are now in their thirties) simply have different interests and circumstances that have changed how they approach buying houses.