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There's A New Buyer In Abilene

Amber Kimmel

Born in raised in Abilene Texas this is my home.  I graduated from ACU with a degree in Business Administration with a focus in Marketing.  I marrie.

Born in raised in Abilene Texas this is my home.  I graduated from ACU with a degree in Business Administration with a focus in Marketing.  I marrie.

Aug 8 2 minutes read

The U.S. homeownership rate rose in 2017 for the first time in 13 years. Millennial homeownership was the largest increase of any age group from 2016-2017. This rapid increase could be due to multiple factors. Rent prices are at an all-time high, wages are rising at 2.9% per year (the fastest since 2009), and are in fact the largest population in U.S. history.*

In the next five years, a whopping 66% of millennials are expected to buy homes…and will most likely buy yours.

*statistics sourced from:

https://www.nar.realtor/research-and-statistics/research-reports/home-buyer-and-seller-generational-trends | https://www.wsj.com/articles/homeownership-rate-rises-in-2017-for-first-time-since-2004-1517334537 | https://www.goldmansachs.com/our-thinking/pages/millennials/ | https://www.pewresearch.org/fact-tank/2018/05/04/more-than-a-million-millennials-are-becoming-moms-each-year/ | https://www.housingwire.com/articles/42748-millennials-lead-all-other-generations-in-buying-homes

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