Simple Advice Millennial Homebuyers Need To Hear
Millennials need to keep the long game in mind when buying a home.
Stop looking for your dream home! If you’re a millennial homebuyer searching for your first house in the greater Seattle area, keep in mind that you likely won't live there forever. You may be dreaming of owning a waterfront home, but the chances are you can't afford that at such a young age. In the appreciating market that we're in, it's all about building equity.
Maybe your first home is going to be an affordable condo or townhome that you'll rent out or sell as you work your way towards a dream home status. Historically, homes in this region have appreciated 5% to 10% year over year, making it almost impossible to out-save the market by waiting for that perfect home.
Let's talk about millennial homeownership. Call or email me if you’d like to discuss this topic further. I look forward to hearing from you!
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