Who Will Be Buying Homes In The Next Year?
According to an article from MSNBC only about 5% and they will most likely be 34 years of age and younger. Where do they come up with these statistics? They probably only surveyed about 1,000 people.
It is so important when reading headlines to read the whole article. Case in point, this article states that the survey was conducted prior to the extension of the tax credit. That being said I would take this article with a grain of salt. However, if you are in the real estate business, you may want to target that demographic. Homes are more affordable so younger people will be looking to buy. I hope I didn’t offend anyone with the “younger people” comment. Sorry, I am 29 so 35 is old to me.