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Young Adults Finally On The Move and Fleeing The Nest

By
Real Estate Broker/Owner with Joyce Marsh Real Estate LLC BK659279 

Young Adults Fleeing the Nest and Parents are Rejoicing 

The Millennial Generation Is Fleeing The Nest and On The Move

Acording to a recent article in RealtorMag, young adults are finally showing signs of moving out of their parents homes and starting households of their own.  The millennial generation may be finally interested in home ownership after all.

 

Home ownership has been delayed but not forgotten.

The labor market continues to strengthen for this age group, and the desire to own their own home is increasing among this age group.  70% of 25-34 year olds say that home ownership was either "very important" or "important".

20% said they already owned a home or were in the process of purchasing one.

 

Young Adults Finally Fleeing the Nest-RealtorMag

 

The entire article in on Bloomberg (Dec 16, 2015) Fannie Mae says millennials are finally leaving their parents basements

Posted by

Joyce Marsh Certified Luxury Home Marketing Specialist   Joyce Marsh Institute for Luxury Home Marketing Member     Joyce Marsh Million Dollar Guild Member Institute Luxury Home Marketing  Joyce Marsh 5 Star AgentDupont Registry Elite Agent

 

Joyce Marsh, Broker/Owner

Joyce Marsh Real Estate Company

386-299-8291   JoyceMarshHomes@gmail.com

                                  

Copyright 2008-2024 by Joyce Marsh.  All Rights Reserved.  Information from sources deemed reliable, but not guaranteed. Nothing contained herein to be considered legal advice, please consult your Attorney for advice. 

Comments(3)

Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

This is great news that most millennials own or think it is important to own a home.  I am also sure parents are happy.  We have one grandson living with us and going to college.  He plans to buy a home this year.

Jan 02, 2016 11:49 AM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

BBS Berezney Business Systems LLC It sure seems that way doesn't it or they just keep coming back. Or on the other end of the spectrum, many are seeking home ownership these days which is a good thing to build wealth.

Dec 27, 2018 06:47 AM