Mortgage
Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below):
In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations?
A recent survey by 1000watt dives into how the two generations many people believed would be the renter generations (Gen Z and millennials) feel about homeownership. Specifically, it asks if they want to buy a home in the future. The resounding answer is yes (see graph below):
While there are plenty of reasons why someone might prefer homeownership to renting, the same 1000watt survey shows, that for 63% of Gen Z and millennials, it’s that your place doesn’t feel like “home” unless you own it – maybe you feel the same way.
That emotional draw is further emphasized when you look at the reasons why Gen Z and millennials want to become homeowners. For all the financial benefits homeownership provides, in most cases it’s about the lifestyle or emotional benefits (see graph below):
If you’re a part of Gen Z or are a millennial and you’re ready, willing, and able to buy a home, you’ll want a great real estate agent by your side. Their experience and expertise in the local housing market will help you overcome today’s high mortgage rates, low inventory, and rising home prices to find your first home and turn your dream into a reality.
Working with a local real estate agent to find your dream home is the key to unlocking the American Dream.
Buying a home is a big, important decision that represents the heart of the American Dream. If you want to accomplish your goal, let’s connect to start the process today.
Stay up to date on the latest real estate trends.
Mortgage
Let’s connect so you have an expert on your side to explain everything along the way.
New Listing
4 beds | 2 baths | 2,364 sq ft
Mortgage
Mortgage rates have been declining for seven straight weeks now
Mortgage
Here’s the truth: waiting for the right moment could cost you in the long run
Mortgage
Nationally, prices are up nearly 60% since 2019
Mortgage
How Return-to-Work Policies Are Impacting Housing
Mortgage
By understanding your home’s condition ahead of time, you can take control of the process
Mortgage
To make sure your house gets in front of these motivated buyers, let’s connect.
Mortgage
When searching for a home, you don’t want to skip over new builds as an option
You’ve got questions and we can’t wait to answer them.