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Why Are So Many Millennials Buying Palm Beach Homes?

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Welcome back, everybody. As the real estate market continue to heat up in Palm Beach County, more and more sellers will enter the market. Many of these buyers will be millennials, a name given to the current generation of adults under 35. 

Recently, we had the opportunity to interview a handful of millennials who have recently purchased their first homes. We wanted to see what inspired them to make such a large investment at such a young age, and here's what they had to say:

"It didn't make sense to me anymore to pay rent on a property I didn't own. I have two other people living with me now, helping me pay my mortgage." - Courtney, 25

"My parents were in the real estate industry and kind of instilled in me the fact that you could either waste your money on rent or put it back into an investment that you own." - Alex, 23

"I bought when I was 25 because I wanted to put my money towards something worthwhile." - Ashley, 25

Buying a home isn't a simple task. It takes a lot of time and effort to get done. Here at the Treu group, we are all about making things as easy as possible for our millennial buyers. We listen to what they say and help them out accordingly. Here's what they have to say about our service:

"Having someone that is able to answer questions and stay in touch at a moment's notice was huge. Fast communication is key." - Alex, 23

What about advice for buyers on the fence? Here's one piece of advice from our client, Chris:

"Don't be scared. Pull the trigger. The cost is not much different than renting, but it makes a whole lot more sense. Take advantage of these rates while you can, and don't wait until you are 30 to buy a home like I did." - Chris, 30

As you can see, we work hard for our millennial buyers and want to help them make the best decision for their future. If you, or somebody you know, is interested in buying or selling in Palm Beach County, feel free to give us a call or pass along our information. We look forward to speaking with you soon!