Industry News

How to guide millennial buyers in the current market

Photo by sept commercial on Unsplash

RISMedia

We’ve all seen the headlines. Millennial buyers are being squeezed out of the market as prices continue to climb.

While the recent data showing consistent price gains supports that thesis thus far, experts believe it also gives way to a potential opportunity for buyers who currently make up the largest cohort in the market, according to reports from the National Association of REALTORS®.

“For millennials and other first-time buyers, today’s markets are signaling a return toward seasonal trends, as improvements in the number of available homes for sale are tamping down the unsustainable price trajectory of the last 12 months,” said George Ratiu, manager of economic research at realtor.com®, in a recent statement.

Read the rest of the story here: How to Guide Millennial Buyers in the Current Market

Related posts

Six client types every new agent should mentally prepare for

jlspr

J. Lennox Scott honored by RISMedia and REAL Trends

jlspr

Amazon is tenant behind $356M distribution facility near Arlington Municipal Airport

jlspr