<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1955936548054264&amp;ev=PageView&amp;noscript=1">
All Posts

Millennials have come of age and are entering the real estate market in masses. Over the course of the next few years, millennials will dominate the landscape. In 2019, it is projected this demographic will make up 45% of new home purchases. 

The younger millennials (closer to age 25) will enter the market as first-time home buyers while the older millennials (closer to age 34) will transition their young families into larger homes. No matter which category you fall into here, it's important to note how you can make the most of your home shopping experience in 2019.

Here's 4 Things that Matter Most to Millennial Home Buyers:

1. Trustworthiness. No one wants to work with someone they don't trust. But the millennial generation seems to put a greater emphasis on online reviews and reputation. We get it, you want to make sure your real estate agent and Home Loan Specialist are rock stars in their own right.

2. A Buyer's Advantage. Work with a mortgage professional who will set you up to win at the very beginning. You want someone who offers buyer-friendly programs like Certified Home Buyer and Rate Secured before you even start looking for a home. This will shorten the process and keep you from wasting your time with weak pre-qualifications. Once you find a house, you'll be ready to make an offer and the process of buying a home is shortened. 

3. The Lay of the Land (Literally). You want a great neighborhood with walking paths, highly-rated schools, and possibly a smaller home than  generations before you. We've found that 68% of millennials are willing to be weekend DIYers in order to be in a more desired neighborhood. Watching TV shows like Fixer Upper and Love It or List It have played a role in encouraging renovations to make a space your own.

4. Mobile and Tech Savvy. Home search apps like HomeScout® and fast communication are important when you're looking for a new home. Make sure you are using a home search app that is up-to-date and doesn't provide you with a list of homes that are under contract or already sold. You want to be as efficient as possible during your online home search so make sure you searching the latest listings available on the MLS.

For more information about starting the home buying process or any Churchill programs for purchasing a home, reach out to a Home Loan Specialist here

Sources: https://www.forbes.com/sites/alyyale/2018/12/06/2019-real-estate-forecast-what-home-buyers-sellers-and-investors-can-expect/#316e839470d9

https://info.bankofamerica.com/homebuyers-report/

Connect with a Mortgage Expert!

 
 
 
 
Please Enter a Name
Please Enter a Last Name
Please Enter a Valid Email Address
Please Select a State
Please Enter a Valid Phone Number

Thank You!

We have received your request, and are matching you with a Home Loan Specialist. You will hear from us shortly!

You can also get in contact with us at 888-562-6200.

By submitting this form, I/we agree to your Privacy Policy Terms of Use and authorize Churchill Mortgage Corporation and/or their Preferred Provider for our area and/or The Churchill Agency to receive the above information to assist in obtaining a home loan.

I/we also authorize Churchill Mortgage Corporation, The Churchill Agency and/or their Preferred Provider for our area to contact us regarding but not limited to mortgage and insurance services and products via telephone, mobile phone (including through automated dialing), and/or email, even if telephone numbers or email I/we provide are on any Do Not Call/Contact Registry, such as corporate, state, or the National Do Not Call Registry. The submission of this form does not constitute in any way a formal loan application or a commitment for a loan. By communicating with us by phone, you consent to calls being recorded and monitored. By participating, you consent to receive text messages sent by an automatic telephone dialing system. Consent to these terms is not a condition of purchase.

Connect with a Mortgage Expert!

With so much of your hard-earned money on the line, seek advice from a trusted home loan expert and have the confidence that you are in qualified hands.

social proof logos

Related Posts

The Ultimate Moving Checklist

Buying a new home is exciting but moving can also be tiresome. To avoid stress during the moving process,...
Churchill Mortgage Oct 26, 2020 12:15:07 PM

The Easiest Way to Apply for a Home Loan

“There’s an app for that!” How many times have you heard that phrase before? Mobile apps have remained po...
Churchill Mortgage Oct 8, 2020 12:23:07 PM

What Should We Expect from the Housing Market Next?

This year’s housing market has become the backbone to economic recovery in the U.S. during an unprecedent...
Churchill Mortgage Oct 2, 2020 11:45:19 AM