5 Reasons Millennials Are Buying Homes

5 Reasons Millennials Are Buying Homes

  • Dennis Hartley
  • 04/18/23

There are 72 million millennials in the United States. According to a recent survey, this demographic indicated that they’d like to become homeowners if they aren’t already. The following are the top reasons millennials are making the decision to buy a home.

Building equity. Homeownership is a long-term investment that builds wealth, increases net worth, and yields financial stability.

A new personal life stage. A committed partnership, having children, any change in one’s personal life may all point to the need for more space or a different location.

Stability or settling down. Establishing a career or making serious decisions about one’s lifestyle may inspire putting down roots.

Rising home values. Owning a home traditionally equals asset appreciation, which means a higher resale value when it comes time to move again.

A sense of freedom. The liberty of expressing creativity to decorate and customize a home feels great, as does knowing a place is truly one’s own.


Photo by Nathan Dumlao on Unsplash

Work With Dennis

With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.