Are You 1 of the 59 Million Planning to Buy This Year?

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According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.

The survey also revealed 3 key takeaways:

  1. Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52)
  2. Minorities, particularly African-Americans, were twice as likely to respond that they were considering purchasing a home this year than white respondents.
  3. Many potential buyers believe they need to put 20% down and need to have perfect credit to own and are unaware of programs that would allow them to buy now.
Holden Lewis, a mortgage analyst for Bankrate.com, pointed to one big reason why many Americans are starting to consider homeownership:
“Having kids and raising a family is a primary reason why Americans take the leap into homeownership—many consider it a key component of the American dream.”

Bottom Line

If buying a home is a part of your dream for 2017, let’s get together to determine if you are able to.

Are You Thinking About Buying a Home? Click here to get your Free eguide. 

Thinking About Selling Your House Soon? Click here to get your Free eguide.

Click here to get your free House Value. 


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Juanita Simkins, CNE, CMRS, SRS
​Synergy Realty Group​
5225 N. Academy Blvd, Ste 301, Colo Spgs, CO 80918
Cell/Text: 719-229-5770
​CLICK HERE to view all homes for sale in the Colorado Springs​ Area

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