By now you know that Millennials are very educated in regard to todays real estate market and that they will buy when the time is right for them!
One BIG advantage: Most are first-time buyers not hampered by underwater mortgages or having to sell one house before buying another.
"Why should I waste money to rent?" says Jill Baxter, 28 and single, who bought a house late last year through Real Living Real Estate
"I'm paying less for my mortgage than I was renting."
What industry research shows:
More than half the Millennials who bought homes last year said the main reason was to invest and build equity.
These buyers want a home that hollers and screams "Entertain me."
Top-10 priorities include a whirlpool bath, sauna/steam room and entertainment center. "All of these things are about fun,"
TIP That might explain why gardens and workshops don't make an appearance on the Gen-Y list. And they're clearly not yet worried about accommodating children. This generation is emerging socially, and wants amenities that enhance that aspect of its life. So instead of a place to hunker down, Gen-Y homeowners "might be more interested in the home as a social hub,"
Technology is also second-nature to this generation. They're completely wired. So a Gen-Y home, more than any other, will practically hum with electronics.
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I JUST WANT TO HAVE FUN