As 2013 progresses and the real estate market steadily improves, we may be seeing more homes sold to an unexpected group of customers – the young people of America. There are increasing numbers of young Americans who are showing strong interest in purchasing a home of their own this year, as shown by a survey conducted by the market research firm of Harris Interactive.
Starting on April 18, 2013 and ending on April 22nd, the online survey was taken by 2,064 U.S. adults ages 18 and older. Conducted after the federal tax filing deadline, this is the time when Americans typically have a clearer view of their finances. According to the survey, a total of 41 percent of Americans between the ages of 18 and 34 (46 percent men and 36 percent women) are interested in buying a home this year. Within that same 18-34 age group who show an interest, 17 percent of men and 6 percent of women see their finances as shaky but still think they can swing buying a home this year.
Across all age groups, 30 percent of Americans are interested in buying a home in the next coming year. Also, among that same combined group, 10 percent of men and 4 percent of women said their finances were shaky but still think they can swing buying a home.
This is great news for real estate agents and professionals because it shows the positive impact that the growing real estate market is making on the willingness of young Americans to go out and buy a home, ultimately giving you new prospects and leads to build your business.