Most Millennials feel motivated to buy their own home after dealing with the rising costs of rent or living at home into their late 20s and 30s. In Springfield, MO, young people in their 20s and early 30s compete for the inventory of starter homes. Having a dedicated real estate agent who is easy to work with gives you an edge as a buyer in today’s competitive real estate market.
According to an article by Financial Advisor, first-time homebuyers are fueling a jump in real estate sales throughout the country. A recent survey showed 75 percent of people between 25 and 34 said they want to buy a house in the next 90 days, which is up from 64 percent last quarter. If you want to buy your first Springfield home, get your personal finances in order. After you talk to a lender about how much you could qualify to borrow, hook up with an experienced Realtor® who is “Millennial friendly.” We also suggest Millennials and younger members of Generation X work on the key impediments to home ownership. Continue reading “Tips for Motivated Millennial Home Hunters”