The Lindley Team, Portland Mortgage Lenders | 503.475.2004

Millennials are buying houses in a very millennial way.

A quick Google search will let you know all about the things Millennials are supposedly killing:

 

  • Applebee’s
  • Motorcycles
  • Hooters
  • Divorce
  • Weddings
  • Diamonds
  • Cereal
  • Lunch
  • Cruises

 

You have even heard that millennials aren’t buying houses because they don’t want to be tied down or they’re too busy eating avocados on toast and thus killing butter and jam.

 

The thing is, millennials are buying houses. They’re just changing the way it’s done. Let’s look at some of the ways younger generations are changing the home-buying process.

Millennials are house-shopping on their phones

You probably already know about digital real estate marketplaces like Zillow.com. You probably know someone who spends time looking at houses online for fun. (Guilty!) Shoppers like to check out the local real estate options from the comfort of their own phone or tablet.

 

More and more virtual options are on the rise for future home-buyers. Millennials especially prefer to visit on-the-market houses via video tours and 3D VR experiences.

Millennials are really into saving time

A lot of people point to millennials as the laziest generation but people under 40 just really appreciate time-effectiveness and working smarter rather than harder. They’re working more hours for less money and paying higher rents.

 

It’s not hard to see why an easier, quicker way to search for a home is perfect for this generation. After all, they’ve grown up swiping and clicking so the real estate industry is changing to match their methods.

Millennials are still buying houses

They’re just buying later than earlier generations. The average homebuying age is now around 32. When they do buy, they want to be well-informed and prepared financially and we absolutely love this! This is what we want for new homeowners, too.

 

That’s why we provide a mortgage calculator, online chat, and digital advice.  We welcome phone calls and emails and any questions. We want you to be knowledgeable and we want your process of home-buying to be as quick and smooth as possible.

 

We know you’re swiping through real estate images. We know you’re shopping digitally just like you shop for clothes, gadgets, and probably even groceries.

 

Before you go any further, reach out to us and let us help you take the next step. We can take all your lists of wants and needs, look at your financial health, and help you come up with the right plan of action to take you from window shopper (Get it? Windows? Hilarious…) to a homeowner.

 

We will work with you from beginning to end. All you need to do right now is reach out to us in whichever way fits your style and we’ll get you started on the right path.

 

Contact Us today to get started or schedule a time to chat.

85 Comments

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