Millennials are buying more homes than you think
Millennial homebuyers make up 50% of housing market
By Danielle Edwards- February 2017
How many millennials are buying homes?
Recent research shows that 50% of homebuyers are millennials. Maybe this is due to the fact that Millennials associate owning a home with the “American Dream” more than any other generation. But even though a huge amount of the people buying homes are at an average age of about 33, millennials are delaying buying homes more so than they were back in the late 20th century.
Buying vs. renting as a millennial
According to Zillow, Americans are renting for an average of 6 years before purchasing a home of their own, where in the 1970’s they only rented for a little over 2 years. This could be due to the fact that millennials are moving to areas in which the housing market is more expensive, and more highly sought after– like coasts, cities, and booming job markets.
Although delaying the purchase of a home may seem like a smart move, many millennials who choose to take the plunge and buy a home are saving big. A 2016 Rental Affordability Analysis shows that in 58% of US housing markets, it’s much more affordable to buy a home than to rent. Rental prices in the US are increasing much faster than wages in over half of the country.
Southeast may be the best place to buy
Millennials that are considering buying a home in the southeastern part of the country are in luck. States such as North and South Carolina all the way down to Florida are home to some of the most affordable housing in the country.
REMAX agent Danielle Edwards
704-604-2999
drivendanielle@gmail.com
www.soldondanielle.com
Contact Danielle Edwards with REMAX Executive Realty for all of your Real Estate needs!














The front entry opens to the family, living and dining rooms. The two story, vaulted ceiling living room and dining room
Located to the left and beyond the entry, the tiled kitchen and adjacent breakfast room present ideal space for cooking, informal dining and entertaining. The kitchen is efficiently arranged and well equipped to facilitate food preparation and storage. A pantry is adjacent to the refrigerator, a wall oven, and separate microwave. A smooth surface electric cooktop and exhaust hood, located opposite the wall oven, is surrounded by countertop space. Natural-finish maple cabinets offer storage as well as display opportunities from some glass front cabinets and open shelves. A long peninsula separating the kitchen from the breakfast area creates space for countertop dining and entertaining while offering additional storage cabinets beneath.
The second level contains two large bedrooms connected by a Jack and Jill bath. This level offers an abundance of storage and closets. One bedroom is oversized, with adequate space for a sitting area, a play area or a second large bed. The second bedroom is adjacent to a separate room that would be ideal for a workout room, study room or nursery. Each bedroom has a private vanity room and shares the room with a white-tiled tub/shower and toilet. The separate room has pull-down attic stairs that are covered by a well insulated, counterweighted, easy open box door that leads to an R60, super insulated attic space with a large floored area for even more storage.
The walkout lower level is currently utilized as an office and is completely finished to the same standards as the other levels of the house. This bright space was intended as a mother-in-law suite and can be closed to the rest of the house. This space could also be an excellent location for a pool table or study space. Electrical power (110v & 220V), natural gas and a sink drain connection are installed for a kitchen at one end of the living area. Adjacent and open to the living area is another large room which has two wall closets and a large, walk-in closet creating the fourth bedroom. Both rooms access the third full bathroom.


September 6, 2016— Danielle Edwards of RE/MAX Executive is a recipient of the 2016 Five Star Real Estate Agent Award. Less than 7 percent of Real Estate professionals receive this award and the recipients are selected based on ratings of recent homebuyers’ overall satisfaction of service derived from client evaluations.
















Reliable real estate app that connects with your Realtor Danielle Edwards. To access is easy! Just download “Home Scouting” from your app store and use Danielle’s cell phone as your VIP code- 7046042999.




















