On This Episode:
The world of real estate is always changing and a new decade means new trends are on the horizon.
But what can you expect out of the 2020s?
Well, a recent survey turned up some interesting stats about homeownership this year and beyond. We went through the survey and pulled out a few of the takeaways that caught our attention. Let’s talk about those on this episode of the Keeping it Real Estate podcast with Colleen Benson.
Find out why there could be a lot of turnover over the next ten years, why some millennial homeowners are going back to renting, and what this means for our area.
Listen to the full episode or click on the timestamps below to hear a specific segment.
[0:34] – A recent survey revealed a mass exodus for homeowners that will create a lot of movement in the decade ahead.
[2:00] – First big takeaway: Almost half of homeowners plan to move to a new home during this decade.
[3:13] – Here’s why they’re moving.
[3:48] – A quarter of millennial homeowners are thinking about going back to renting.
[6:09] – Another big takeaway: Only 1 in 10 renters plan to buy a home in 2020. What does Colleen do to help renters feel more comfortable about buying?
[7:15] – Here’s how the process works if you’re considering a home purchase.
[8:26] – Homeownership isn’t as tough as you might think it is.
“If you’re comfortable with a monthly payment, why would you rent versus own? It’s still the safest bet for long-term investment.” – Keeping It Real Estate Podcast