Blog Stories Millennial's and the Market: is the struggle real?

Millennial’s and the Market: is the struggle real?

By Living Room Realty, March 12, 2018

You can say what you want about Millennial’s: I am seeing a lot of level headed, emotionally intelligent young adults coming up in the real estate market. I am seeing more and more of them come to us to by their first homes.  When I see a “kid” in their mid twenties buying their first homes in a market that is this savage, all I can do is smile and give them respect.  Its tough out there for a first time buyer with 3-5% down.  Its tough out there with 20%!  But that is the new normal, and the the playing field is level enough.  No excuses you just have to roll your sleeves up and get to work.  And have a good handful of offers get rejected.
Im not going to bore you with stats from the NAR, but they are the largest segment of the home buying populace.  That’s a good thing. These kids have their shit together!  Buying your first home before you have an expensive wedding and kids makes a lot of sense if you ask me.  And I love how mellow and unflappable these kids are.  They are super resilient and fun to work with.  Not entitled at all.  If anything its the other generation out there that are entitled, mostly mine!
ANYWAY Ill get off my soapbox now. Congrats Sarah!

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