Millennials and Real Estate

I just read an interesting article about the Millennial generation.  To all those who consider themselves Millennials, let me know if you resonate with this article and sentiment – I’m interested in you input.

adult arrival beard boss

Photo by on

A few highlights from this article:

  • Millennial buyers have increase 62% in the last 4 years
  • There’s a reason why Millennials are/were sheepish about buying – any guesses?  One word, The-Great-Recession-of-the-early-2000’s!  Guess what?  They have jobs now and want to buy some houses!  YAY!
  • “Sacramento is the 15th-toughest city in the country for first-time buyers to come up with a down payment. Six California cities rank in the top eight nationally, all coastal, led by Los Angeles and San Francisco.”  I thought this was an interesting statistic.  I’m thinking the wages in Sacramento have not quite caught up?
  • Builders are designing homes around Millennials – “experiential environments,” no more dens, bicycle storage areas, and pet-centric.
  • With a low inventory of houses on the market, buyers are experiencing multiple offers and are frustrated about getting beat out by cash offers.

The last one I can certainly confirm, however, I’ve had success in negotiating on behalf of my clients, knowing the market, and understanding people.  Give me a call and I can lend my expertise.

Read article here and let me know what you think.


Keith Klassen, Real Estate Broker – 916.595.7900

Specializing in Residential Real Estate Sales and Property Management






Median home price highest since 2007 (beginning of recession)


Millennial are buying for the pie pets

Being out bid




One response to “Millennials and Real Estate

  1. Pingback: Millennials and Real Estate - Howzes™

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