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Is owning your first home within reach?

Friday, August 16, 2019   /   by Lauren McGinnis

Is owning your first home within reach?

When you start looking for a home are you going to be a first time home buyer? If you are have you ever thought that maybe owning your own home wasn't within your reach? If you have, you are not the only one to feel that way! According to the National Association of Realtors' most "older millennials" also feel that same way.

Based on a recent survey by the National Association of Realtors the largest group of first time homebuyers is people aged 25 - 36 (Older Millennials) right now in the us. With the median age being 32 years old. More and more "older millennials" are realizing that their dream of homeownership is actually within their reach right now! 

So much so that of the population of new homeowners almost 90% of first time buyers fit into the "older millennials" grouping.

That 90% group can be broken down into these smaller groups: 
  • 54% are married couples purchasing a home for the first time
  • 18% are single females
  • 10% are single males
  • 16% are couples who are not married but living together
It's very easy to say that owning your own home isn't in your reach, but in all reality it is closer than you think! If you want to know just how close you are to realizing your dream then give us a call and let us help you make all your dreams come true!! 

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"The Cole Team" RE/MAX Realty Group
Brenda Cole
1337 Cape Coral Pkwy East
Cape Coral , FL 33904
239-542-3332

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