Who’s Buying Now
April 7, 2015

Who’s Buying Now

Millennials are making headlines once again. Major outlets are touting a survey recently released by the National Association of Realtors showing that for the second consecutive year, millennials (those 34 years and younger) made up the largest group of recent buyers.

The up-and-comers comprised 32 percent of all buyers. Generation Xers (ages 35-49) made up 27 percent of buyers. Lawrence Yun, the association’s chief economist, says these groups consider their home purchase a good financial investment.

“Fixed monthly payments and the long-term financial stability homeownership can provide are attractive to young adults despite them witnessing the housing downturn and subsequent slow recovery in the early years of their adulthood,” he said.

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Lyon Real Estate

Ranked the number one brokerage in annual home sales in the greater Sacramento region by the Sacramento Business Journal, Lyon Real Estate has served the area for over 70 years. In 2017, the company closed 7,333 transactions worth a total of $3 billion in sales volume. Lyon Real Estate has 950 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate.