{"id":2456,"date":"2018-08-08T10:00:19","date_gmt":"2018-08-08T10:00:19","guid":{"rendered":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/"},"modified":"2018-08-08T10:00:19","modified_gmt":"2018-08-08T10:00:19","slug":"the-wave-of-millennial-homebuyers-continues-to-swell","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/","title":{"rendered":"The Wave of Millennial Homebuyers Continues to Swell"},"content":{"rendered":"
\n

\"The<\/p>\n

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream.<\/span><\/p>\n

Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that they do not aspire to still achieve those things.<\/p>\n

For older millennials (aged 25-34) who have established themselves in their career and are starting to build their families, homeownership is the next logical choice.<\/p>\n

According to the Urban Institute\u2019s State of Millennial Housing<\/a>,<\/em> the probability of a millennial becoming a homeowner increases by 17.9% if they are married, and by an additional 6.2% if they have children.<\/p>\n

Last year, according to the US Census Bureau<\/em>, the average age at first marriage was 30 for men and 27 for women, while the National Association of Realtors <\/em>(NAR) reports<\/a> that the average first-time homebuyer was 32 years old.<\/p>\n

With most of this generation having yet to age into the \u2018Responsibility Zone\u2019<\/strong> (the time in their lives when their responsibilities start to dictate their behaviors),<\/em> there will be a steady wave of buyers for years to come!<\/p>\n

Those who are<\/em> currently out in the market searching for a home are being met with a strong, highly competitive seller\u2019s market. NAR\u2019s Chief Economist<\/em> Lawrence Yun recently commented<\/a>,<\/p>\n

\n

\u201cRealtors\u00ae throughout the country continue to stress that there\u2019s considerable pent-up demand for buying a home among the millennial households in their market. <\/em>\u00a0<\/em><\/p>\n

Unfortunately, they\u2019re just not making meaningful ground, and continue to be held back by too few choices in their price range, and thereby missing out on homeownership and wealth gains.\u201d<\/em><\/p>\n<\/blockquote>\n

Bottom Line<\/strong><\/h3>\n

If you are currently renting and thinking about jumping into the real estate market this year, let\u2019s get together to help you navigate our market.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,109,111],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nThe Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-08T10:00:19+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/07\/26132137\/20180808-Share-STM1.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"The Wave of Millennial Homebuyers Continues to Swell\",\"datePublished\":\"2018-08-08T10:00:19+00:00\",\"dateModified\":\"2018-08-08T10:00:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\"},\"wordCount\":320,\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"articleSection\":[\"First Time Home Buyers\",\"For Buyers\",\"Millennials\",\"Rent vs. Buy\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\",\"url\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\",\"name\":\"The Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/#website\"},\"datePublished\":\"2018-08-08T10:00:19+00:00\",\"dateModified\":\"2018-08-08T10:00:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thezakariagroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Wave of Millennial Homebuyers Continues to Swell\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thezakariagroup.com\/#website\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"name\":\"The Zakaria Group\",\"description\":\"The Zakaria Group\",\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"alternateName\":\"TZG, MLS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thezakariagroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thezakariagroup.com\/#organization\",\"name\":\"The Zakaria Group\",\"alternateName\":\"TZG\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"contentUrl\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"width\":400,\"height\":173,\"caption\":\"The Zakaria Group\"},\"image\":{\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thezakariagroup\/\",\"https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw\",\"https:\/\/www.instagram.com\/thezakariagroup\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\",\"name\":\"\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\"},\"url\":\"https:\/\/thezakariagroup.com\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/","og_locale":"en_US","og_type":"article","og_title":"The Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group","og_description":"Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]","og_url":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/","og_site_name":"The Zakaria Group","article_publisher":"https:\/\/www.facebook.com\/thezakariagroup\/","article_published_time":"2018-08-08T10:00:19+00:00","og_image":[{"url":"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/07\/26132137\/20180808-Share-STM1.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#article","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/"},"author":{"name":"","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d"},"headline":"The Wave of Millennial Homebuyers Continues to Swell","datePublished":"2018-08-08T10:00:19+00:00","dateModified":"2018-08-08T10:00:19+00:00","mainEntityOfPage":{"@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/"},"wordCount":320,"publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"articleSection":["First Time Home Buyers","For Buyers","Millennials","Rent vs. Buy"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/","url":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/","name":"The Wave of Millennial Homebuyers Continues to Swell - The Zakaria Group","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/#website"},"datePublished":"2018-08-08T10:00:19+00:00","dateModified":"2018-08-08T10:00:19+00:00","breadcrumb":{"@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thezakariagroup.com\/the-wave-of-millennial-homebuyers-continues-to-swell\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thezakariagroup.com\/"},{"@type":"ListItem","position":2,"name":"The Wave of Millennial Homebuyers Continues to Swell"}]},{"@type":"WebSite","@id":"https:\/\/thezakariagroup.com\/#website","url":"https:\/\/thezakariagroup.com\/","name":"The Zakaria Group","description":"The Zakaria Group","publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"alternateName":"TZG, MLS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thezakariagroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/thezakariagroup.com\/#organization","name":"The Zakaria Group","alternateName":"TZG","url":"https:\/\/thezakariagroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","contentUrl":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","width":400,"height":173,"caption":"The Zakaria Group"},"image":{"@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thezakariagroup\/","https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw","https:\/\/www.instagram.com\/thezakariagroup\/"]},{"@type":"Person","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d","name":"","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g"},"url":"https:\/\/thezakariagroup.com\/author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/2456"}],"collection":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/users\/101010"}],"replies":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/comments?post=2456"}],"version-history":[{"count":0,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/2456\/revisions"}],"wp:attachment":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/media?parent=2456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/categories?post=2456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/tags?post=2456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}