The essential guide for lenders to help Millennials buy a home

hud approved first time homebuyer class

A Better Homes and Gardens Real survey said that 71% think home ownership earned, not deserved. One in three people would like a fixer upper to save money. People also want a home that has a thermostat and security system. Millennials like transparency when you are selling them a house.

Key Takeaways:

  • In order to obtain a home, Millennials are willing to make lifestyle changes such as eating out less, working another job or even move back in with their parents.
  • Technology is an absolute essential – such as energy efficient appliances, windows and materials, a security system, and a smart thermostat.
  • Millennials want complete transparency.

“While Millennials have gotten a bad rap — often defined by negative attributes, such as laziness, entitlement, and unreliability, recent data from Zillow certainly contradicts these Millennial qualities — specifically when it comes to home buying.”

 

Alliance Credit Counseling
8000 Corporate Center Dr Suite 114
Charlotte, NC 28226
(704-341-1010) / (704-341-1010)