[:en]64.2% of Millennials Put Down Less than 20%[:es]64.2 % de los ‘millennials’ ponen menos del 20 % de cuota inicial [:]

64.2% of Millennials Put Down Less than 20% | Simplifying The Market
[:en]Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%!

Here is a graph detailing the results:

Millennial Down Payments | Simplifying The Market

This means that more and more American’s between the ages of 18 and 34 stopped paying their landlord’s mortgage and started building their own family’s wealth.

Millennials aren’t the only ones taking advantage of lower down payments.

The Federal Reserve Bank of New York found that if the down payment required to purchase a home went from 20% to 5%, a renter’s Willingness To Pay (WTP) increased by 40%.

Willingness To Pay | Simplifying The Market

The problem is that thirty-six percent of Americans still think a 20% down payment is always required when buying a home. Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.

Bottom Line

If you are one of the many renters now realizing that the home of your dreams is obtainable, let’s get together and discuss your options.[:es]

Digital Risk recientemente encuestó a los ‘millennials’ sobre el mercado de la vivienda. Entre sus hallazgos está el hecho de que casi dos tercios de la generación que recientemente compró una casa, lo han hecho con menos del 20 % de cuota inicial; ¡Con 36 % poniendo una cuota inicial de menos del 5 %!

Aquí hay una gráfica con los detalles de los resultados:

Cuota inicial de los Millennials| Simplifying The Market

Esto significa que más y más estadounidenses entre las edades de 18 a 34 dejaron de pagar la hipoteca de su arrendador y empezaron a crear su patrimonio familiar propio.

Los ‘millennials’ no son los únicos tomando ventaja de las cuotas iniciales bajas.

El banco de la Reserva Federal de New York encontró que si la cuota inicial requerida para la compra de la casa baja del 20 % al 5 % la disposición a pagar del inquilino aumenta a un 40 %.

Disposicion a pagar | Simplifying The Market

El problema es que treinta y seis por ciento de los estadounidenses aún piensan que una cuota inicial del 20 % siempre es necesaria para comprar una casa. Muchos inquilinos en realidad pueden tener la capacidad de entrar en el mercado de la vivienda más pronto de lo que ellos imaginan con los nuevos programas que han surgido permitiendo tener que sacar menos dinero de su bolsillo.

En conclusión

Si usted es uno de tantos inquilinos ahora dándose cuenta que ahora puede obtener la casa de sus sueños, vamos a reunirnos y ver sus opciones.

 

[:]

[:en]64.2% of Millennials Put Down Less than 20%[:es]64.2 % de los ‘millennials’ ponen menos del 20 % de cuota inicial [:]

64.2% of Millennials Put Down Less than 20% | Simplifying The Market

[:en]Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%! Here is a graph detailing the results: This means that more and more ...

Continue Reading

[:en]64.2% of Millennials Put Down Less than 20%[:es]64.2 % de los ‘millennials’ ponen menos del 20 % de cuota inicial [:]

64.2% of Millennials Put Down Less than 20% | Simplifying The Market

[:en]Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%!

Here is a graph detailing the results:

Millennial Down Payments | Simplifying The Market

This means that more and more American’s between the ages of 18 and 34 stopped paying their landlord’s mortgage and started building their own family’s wealth.

Millennials aren’t the only ones taking advantage of lower down payments.

The Federal Reserve Bank of New York found that if the down payment required to purchase a home went from 20% to 5%, a renter’s Willingness To Pay (WTP) increased by 40%.

Willingness To Pay | Simplifying The Market

The problem is that thirty-six percent of Americans still think a 20% down payment is always required when buying a home. Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.

Bottom Line

If you are one of the many renters now realizing that the home of your dreams is obtainable, let's get together and discuss your options.[:es]

Digital Risk recientemente encuestó a los ‘millennials’ sobre el mercado de la vivienda. Entre sus hallazgos está el hecho de que casi dos tercios de la generación que recientemente compró una casa, lo han hecho con menos del 20 % de cuota inicial; ¡Con 36 % poniendo una cuota inicial de menos del 5 %!

Aquí hay una gráfica con los detalles de los resultados:

Cuota inicial de los Millennials| Simplifying The Market

Esto significa que más y más estadounidenses entre las edades de 18 a 34 dejaron de pagar la hipoteca de su arrendador y empezaron a crear su patrimonio familiar propio.

Los ‘millennials’ no son los únicos tomando ventaja de las cuotas iniciales bajas.

El banco de la Reserva Federal de New York encontró que si la cuota inicial requerida para la compra de la casa baja del 20 % al 5 % la disposición a pagar del inquilino aumenta a un 40 %.

Disposicion a pagar | Simplifying The Market

El problema es que treinta y seis por ciento de los estadounidenses aún piensan que una cuota inicial del 20 % siempre es necesaria para comprar una casa. Muchos inquilinos en realidad pueden tener la capacidad de entrar en el mercado de la vivienda más pronto de lo que ellos imaginan con los nuevos programas que han surgido permitiendo tener que sacar menos dinero de su bolsillo.

En conclusión

Si usted es uno de tantos inquilinos ahora dándose cuenta que ahora puede obtener la casa de sus sueños, vamos a reunirnos y ver sus opciones.

 

[:]

[:en]64.2% of Millennials Put Down Less than 20%[:es]64.2 % de los ‘millennials’ ponen menos del 20 % de cuota inicial [:]

64.2% of Millennials Put Down Less than 20% | Simplifying The Market

[:en]Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%! Here is a graph detailing the results: This means that more and more ...

Continue Reading
Copy Preview Copy Full Post
Copied! Go to your email or CRM and paste it.
Unable to Copy to Clipboard
Copy & Paste

You can easily email your Blog Posts in your current email platform or CRM by using the copy options here! After selecting Copy, you can then open an email in your email platform or CRM and Paste. You can select Copy Preview to include an intro to your blog post, with a link to Continue Reading on your Personalized Homepage, or Copy Full Post to copy the entire blog post. You can learn more about this feature by click here.

'


The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.