Description: How To Buy A Home, How To Find A Home and more
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30 Under 30
Based on a report released by The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream:
In the next five years, 8.3 million new millennial (Gen Y) households will form. It is predicted that millennials will spend $1.6 trillion on home purchases and $600 billion on rent. The generation is optimistic: 79% expect their financial situation to improve and 74% expect to move within the next five years. Gen Y wants to own. Similar to other survey findings, 75% believe home ownership is an important long-term goal and 73% believe ownership is an excellent investment. 24% already own their home and an