When it comes to home buying, agents want to engage Millennials and better serve their needs. However, there are a number of myths in regards to this group of potential homebuyers which require further inquiry. Understand more about what Millennials actually want when it comes time to buy a home today.
Millennials Don't Want to Purchase a Home
In contrast to the misguided belief that Millennials prefer renting to buying, a Fannie Mae survey indicates that they are interested in buying homes when they consider attractive aspects of home buying, such as security, privacy and the control of living space. Many Millennials are interested in buying a home, even after a recession. They do perceive the long-term value in buying a home.