The Mortgage Bankers Association recently released a report that the many young Americans who currently rent or live with their parents are starting to become homeowners.
With these shifting trends, it is projected that the number of homebuyers will continue to increase over the next decade. The Mortgage Bankers Association has even estimated that there may be an additional 1.3 million houses owned each year.
Though, data has been conflicting, and while many young adults are moving out and into their own homes, it’s uncertain how quickly the millennials will make the transition. To read more, visit Florida Realtors.
No matter what stage of life you’re in, Sanibel is a great place to call home and a great investment. If you’re interested in Sanibel real estate, give us a call or stop by our office on Periwinkle Way.
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