Doug Dawes, Your Personal Realtor® (Keller Williams Realty - Topsfield, MA)

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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

The smart ones are buying homes.

Jul 01, 2019 08:35 AM
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

If you read it then it must be true - right?  Some are buying. Some are still living with their parents waiting to inherit their home. 

Jul 01, 2019 08:09 AM
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

My millennials don't believe that - they are buying and happy to be leaving their landlords behind! 

Your thoughts are correct, Doug...at least in my market.

Jul 01, 2019 08:58 AM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

**'Roughly 1 in 3 millennials under the age of 35 own a home as of the end of 2018, according to the U.S. Census Bureau.

Nearly two-thirds, or 63 percent, of millennials (ages 23 to 38) say they have regrets about purchasing their current home, according to a new poll of about 1,500 homeowners from Bankrate. Mar 1, 2019'**

Interesting! I love my millennial clients for CRE. They are proactive, listen to facts and reason, and if they trust you, they're loyal and send their friends.

For residential, picky and have HGTVDS.
LOL. BAD

Jul 01, 2019 08:20 AM
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Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Doug, I've sold to more millennials in the past year than any other group. The ones I've had tended to be more prepared and ready to do than anyone I've dealt with in a long time. 

Jul 01, 2019 08:01 AM
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

There are plenty of them buying homes... I thought I saw a statistic that said 30% of buyers now are millenials. 

Jul 01, 2019 09:45 AM
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Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

We have many affordable homes in Dallas Fort Worth so they are capable of purchasing a home here.  

Jul 01, 2019 08:54 AM
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Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We work with many millenials. There are some struggling to pay off college debt, but many are doing just fine.

Jul 01, 2019 08:17 AM
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Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

I think I'd find something else to read rather than some "journalist" that's in love with generalizing and pot stirring.

Jul 01, 2019 11:57 AM
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I sold most of my homes to millenials Doug Dawes and a very high percentage of those were active duty AF.

Jul 01, 2019 11:57 AM
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

In any market and at any time there are those who believe or who are being "left behind" in the real estate arena and elsewhere.

Jul 01, 2019 10:40 AM
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Peter Mohylsky, South Walton
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

Where did you read this?  I have heard the opposite. 

Jul 01, 2019 08:57 AM
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

No idea, really, Doug.

Jul 02, 2019 05:10 AM
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Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Interesting question and will read answers.

Jul 01, 2019 07:06 PM
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It helps if they are a two-salary couple with not too much college debt.

Jul 01, 2019 11:52 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Maybe some are.  The ones who are looking for Uncle Sam to forgive their college loans now that they realize "Liberal Arts" isn't going to earn them any money, probably won't be able to afford a home.  The ones that got useful degrees and are in good careers already, certainly can buy a home.

Jul 01, 2019 10:06 AM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I am seeing a split among them. I am seeing those growing up, getting married and starting families buying their first homes. They have saved a good amount and have perfect credit. I am also seeing a great deal of single millenials buying their first home on their home. Just as many  am seeing boyfriend and girlfriends buying homes, not married, soon split up and listing said home again with me. Then there are the rest who are content getting by and not doing anything to plan or work for a new home when they can live at home forever. 

Jul 01, 2019 05:23 PM
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Kris Collis
Smart Way America Realty - East Stroudsburg, PA
Buy & Sell with Professional Results you Expect

Doug,
in contrast, here's

Will 2019 Be The Year of the Millennial Homebuyer?

or

More millennials are pursuing homeownership now than ever before

and

  • Millennial real estate trends will shape the investing landscape for the foreseeable future.
  • Millennial homebuying statistics suggest they will remain the most dominant buyers in 2019.
  • Millennials are going to play a large role in the coming year.

Millennial Real Estate Trends 2019

It's looking good for Millennials these days!

Jul 01, 2019 05:09 PM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

With the student loan scam I would say they are.

Jul 01, 2019 03:54 PM
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Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

That is true, the American Dream seems out of reach to many of them, it's our job in part to educate them on their opportunities in home-ownership.

Jul 01, 2019 03:38 PM
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I agree with Roy Kelley 

Jul 01, 2019 03:35 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Up to them to participate or be left out.

Jul 01, 2019 02:45 PM
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Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Rates are still very low & there are plenty of programs perfect for 1st time homebuyers. It's not as challenging as perceived. My advice would be get a  Realtor & get out there & buy something. It's never to soon to start building some wealth.

Jul 01, 2019 02:31 PM
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I don't even know what a Millenial is. I work with buyer and sellers.

Jul 01, 2019 01:26 PM
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

I thought I read the opposite - guess it depends on the study or poll.

Jul 01, 2019 12:52 PM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

He who thinks they are left behind will be...

Jul 01, 2019 10:04 AM
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Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Across the board age groups are stepping up to buy!

Jul 01, 2019 09:12 AM
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Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

I'm still trying to figure out who the millenials are. Different articles classify them differently based on different criteria based on God only knows what.

Jul 02, 2019 05:43 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Too expensive in most CA for last few years. Many young professionals live with parents or rent.

Jul 01, 2019 10:03 PM
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

There are MANY Millennials. Some have buying power and some do not. The majority would like to be homeowners according to studies that have been conducted.

Jul 01, 2019 08:38 PM
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Not in my area. 

Jul 01, 2019 04:37 PM
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Surprising statement ?

Jul 01, 2019 04:07 PM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Doug,

Another one of those media stories that generalize everything...A

Jul 01, 2019 01:41 PM
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Bellyachers are in every crowd.

Jul 01, 2019 12:56 PM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Millennials, with the exception of those who choose to live in major metropolitan areas near the business districts, tend to be buyers. Even those who choose downtown life are on the prowl to buy a condominium 

Jul 02, 2019 04:02 AM
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Everyone looking to make their 1st home purchase will feel they are being left behind. The reality that participation medals do not convert to money in the real economy, is coming home to set up camp. Instead of building real charter, these have wasted 10 years and now are starting where those before them had acted much earlier. Todays 1st time buyer IS trending to be older.

Be aware, their real income is distorted with student loans and healthcare costs that were not present before coupled with housing cost going up, homeonwer insurance costs unchecked and politicians seeing they can pump up their budget directly from homeowner pockets creates uncertainaly and unfortunately unaffordable housing.

These dynamics, seen in California, where working poeple are now homeless suggests there's a real problem in the land of fruits and nuts, and as we've seen too often, they are good at spreading their diseases.

Here in Florida, although melinnials are buying, the real estate economy here is sustained by 2nd home buyers, cash purchases from 401Ks and those trying to escape the lands of the frozen chosen.

Jul 02, 2019 07:23 AM
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Ron Tissier
Chapman Hall Premier Realtors (404) 580-9069 - Atlanta, GA
Defining Homes. Defining Lifestyles.

Doug Dawes  As with anything real estate related, this is a local issue. Just yesterday, I read an article in the AJC stating that Atlanta is #4 on a list of the 20 top metro cities for the largest price increases year over year at 4.7%. Las Vegas is numero uno. 

Since 2012, homes prices for the Atlanta market have increased a whopping 85%. These stats are supported by our local MLS and the Case Schiller index.

So for here, your question rings true; keeping first time home Buyers, including Millennials in the rental market for now.

Cheers!

Jul 31, 2019 06:38 AM
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Janice Zaltman
United Realty Group - Boca Raton, FL
South Florida Residential Real Estate

Millenials are the generation that have the highest debt due to school loans. That is what has impeded, in many cases,  their ability to buy a home. 

Jul 30, 2019 06:42 PM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Our Millenials think they are leading our market.

Jul 25, 2019 07:26 PM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

I thought the Millenails were living in their parents basements.

Jul 03, 2019 11:31 AM