What The Silver Tsunami Means For The Millenial Homebuyers
By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
What The Silver Tsunami Means For The Millenial HomebuyerDespite the daunting undertaking, more than 75 percent of millennials say they would like to see themselves as homeowners, with their numbers increasing from 30 percent back in 2014 to 37 percent.So what roadblocks are hindering millenials from steadfastly pursuing homeownership? Low wages, student loans, limited supply and high prices, just to name a few.But of course, solutions can be found. Helping millenials learn and understand credit scores and federal and state low-down payment programs can help pave the way to consider their options and formulate a plan.In the case of the tight inventory that's been pushing home prices up these past few years, better days seem to be on the horizon. As many as 20 million homes look set to c...
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