A Gen Yer Shares Why She Bought Her First Home

Reports show that Gen Yers as the key to the housing recovery. New home buyer and Gen Yer agrees with this sentiment and tells us why.


FRP: How long did it take for you to buy a home – start to finish? Was this what you expected? 
AS: We officially started our search in February 2012 and will close on June 15. This is actually a bit longer than I expected, and we saw many more homes than I thought we would. But then again, I thought the whole process would be a blast and it really wasn't that fun for me. 

FRP: Reports say Gen Y will drive the housing market recovery. That’s you! Do you agree or disagree with this statement?
AS: I agree. Brad and I are not alone amongst our friends in buying a home this year. Another couple we're friends with is closing a week after us. My best friend and her husband just re-financed, and several other friends are starting or in the middle of their home searches. I think Gen Y is really getting out there now, as home sales have increased in just the few months since we started looking. It's definitely still a great time to buy!

FRP: Do you have anything to add?
AS:
If you're in the position to buy a home, don't wait. I think the housing market has seen its rock bottom and prices and rates are only going to continue to rise as the market recovers. Yes, it's overwhelming. Yes, it can be scary. But the rewards are amazing. We are so happy to be closing on our first home and we can't wait to move in! 

How are you targeting this generation?