According to the National Association of REALTOR’s® 2017 Home Buyers and Sellers Report, “One consistent finding for the last four years of reports has been that buyers 36 years and younger (Millennials/Gen Yers) is the largest share of home buyers at 34 percent (down from 35 percent last year). Sixty-six percent of these buyers were also first-time home buyers. The largest cohort in America is growing up and becoming more traditional in their buying habits. This year’s report saw an increased share who purchased in suburban locations and who purchased detached single-family homes. Forty-nine percent of buyers 36 years and younger now have children under the age of18 in their home, 66 percent are married couples, and 13 percent are unmarried couples (the largest share of all generations).”
Moreover, Real estate website Zillow® continues to predict that Millennials will overcome Gen X as the largest group of home buyers this year as well — more than half of 18- to 34-year-olds said they plan to buy a house in the next one to five years.
Up and down our picturesque coastal communities, current homeowners thinking about making a change may provide the solution. Experts agree that an increase in inventory is much needed. Moreover, technology has indeed caught up to reach this ever-expanding market. With recent changes in their mobile apps, Realtor®.com now offers apps for iPhone®, iPad® or Android®.
Generation X, Y, and Z will check out what’s really out there in the market, and see how easy it is to connect to the their local REALTOR® to find the home of his or her dreams. By downloading a mobile real estate app, all generations can search homes for sale by school and school district, or search for rentals in a smarter way.
We here at Water Pointe Realty Group just love to share helpful and interesting information, and assist potential new residents and potential sellers discover that being a Floridian is a unique lifestyle. We are looking forward to communicating with our past, present and future clients from the Port St. Lucie, Palm City, Stuart, Sewalls Point, Jupiter, and the Tequesta areas and beyond.
Whether you are interested in Jupiter Florida Real Estate, Stuart Florida Real Estate, or any South Florida Real Estate, Water Pointe Realty Group is here to assist. Our knowledgeable, professional, and personable staff is readily available via traditional communication methods as well as all social media networks. You may subscribe to our newsletter here. Become a Twitter®, Google+®, or Pinterest® follower and a fan on Facebook® as well as a YouTube® subscriber today! Our team of highly dedicated, real estate brokers, agents, and Realtors® are extensively skilled and always strive to offer you a real estate experience that will not only meet, but exceed your highest expectations.
The Water Pointe Realty Group team knows the Palm Beaches and Treasure Coast like no one else; and can provide you with the resources to help you make informed and educated decisions. With a team approach, this group of real estate experts is sure to provide you with outstanding service. Your access to homes for sale in Jupiter, homes for sale in Stuart, and waterfront homes is really only a click away! Water Pointe Realty Group, representing the finest properties….from inlet to inlet.
Soon, you too, could say, #thisisthelife
Article by: Jeannie M. Ferrara