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SeattlebyDesign | Seattle Condos, Seattle Houseboats, Seattle Lofts, Seattle Waterfront and Seattle Real EstateSeattlebyDesign | Seattle Condos, Seattle Houseboats, Seattle Lofts, Seattle Waterfront and Seattle Real Estate

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What the Real Estate Industry Needs to Know about Millennials

pexels-photo
According to an infographic recently released by Inman, the real estate industry needs to stand up and pay attention to millennials, because they “will greatly impact and shape the residential real estate market, as well as housing design and development.” Further, “they are the largest source of new demand for rental housing and first-time home purchases.” As the infographic describes, millennials are “projected to be 3/4 of the workforce by 2025” but half of millennials are currently renting. This means there will be an onslaught of millennial homebuyers coming onto the market as time progresses.
Continue reading…

Posted in: Millennials Tagged: #NoPlaceLikeOwn, First Time Home Buyers, Infographic, Inman, Millennials, No Place Like Own, Real Estate, seattlebydesign

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