Marketing Stats: Renting vs Buying

Did you know?⠀ * 80% of millennial renters in Denver are not on track to buy home⠀ * only 20% of millennial renters are on track to save enough money for a 10% down payment within the next five years⠀ * surveyed more than 10,000 renters between the ages of 23 and 38 and found affordability is the biggest obstacle to home ownership.⠀ * Millennials are making 40% less than Generation X and 20% less than the Baby Boomers.⠀ * 12% of millennial renters in Denver expect they'll continue renting for life⠀ * 70% of millennial renters are waiting because they cannot afford to buy⠀ ⠀ If you fall into these statistics, please contact me. I know great down-payment assistance programs that will be able to help you purchase a home. I’ll also educate you on what the home buying process is like and advise you along the way. 😊