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Yes, Millennials really are buying homes… 🏠

October 7, 2021

1 MINUTE READ

Since 2014, Millennials have made up the largest share of homebuyers in the country — most recently making up 37% of the buyer population. What’s more, almost 50% of Millennials now own a home!

homeownership rates by generation

Even though Millennials can easily flex their technology superpowers and start their property search online, they still list “finding the right property”, “paperwork”, and “understanding the process and steps” as the most difficult parts of buying a home.

But, it doesn’t have to be that way! Here are a few ways to overcome some of these common hurdles:

👉 Use technology to fuel your search. If “finding the right property” is your hurdle, start your search on the Reali app. You can search listings, schedule tours, and chat with your agent — all in one place.

👉 Find an agent with industry knowledge. If “paperwork” or “understanding the process” is your hurdle, make sure to work with an agent who is an expert in your area and who can walk you through the process with ease and experience.

👉 Get your financing squared away. For some, “getting financing” can be a hurdle. Reali Loans saves customers $20,000 (on average) over the life of their loan and is a great place to start exploring your financing options.

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Millennial or not, buying a home doesn’t have to be overwhelming — even in today’s market. Our team at Reali is standing by to help. If you’re thinking about buying or selling a home, we’re here to answer your questions.