There are many reasons why millennials choose to buy a home, but here are the top 5 reasons according to NerdWallet's Millennials & Homebuying Study.
From this recent study, it's clear that the top reason millennials choose to buy is to have control over their living space. Many millennials who rent a home or an apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they'd like or renovate an outdated part of their living space to make it their own!
If you're currently renting and are thinking about buying a home for the first time contact us. We're happy to discuss our loan programs and products with you to find you the BEST option! Check out our First-Time Homebuyer Page here to learn more.