Redfin says that millennial homebuyers are less likely to undertake creative measures to help pay for their mortgage. According to their research, only 51% said they’d use a creative strategy to help buy their new home versus 60% who would, just one year ago. To get their data, Redfin surveyed over 2k people who planned to buy or sell a home over the next 12 months, zeroing-in those born between 1981 & 1986 (millennials). Indeed…
“Millennial homebuyers in 2019 are less likely to take extraordinary measures to afford their mortgage payments, such as getting help from their parents or co-ownership with someone other than a spouse or partner, than they were last summer.”
Click here to read the full report at Redfin.com.
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