Getting ready to buy your first home? You're probably caught in that age-old dilemma of whether to buy in the city or move to the suburbs. There are plenty of reports out there that detail how millennials want to stay in the city to be where all the action is. Walkability isn't just a catchword; it's a life goal. And, the reports out there that detail how being within close proximity to a Starbucks, a Trader Joe's, and a Target can raise your home value only strengthen the argument for urban living. Of course, don't discount all those reports that show that millennials are moving to ‘burbs to buy homes.
"A recent report from the National Association of REALTORS® shows that, instead of settling down in urban areas, young homebuyers are increasingly scooping up properties in the suburbs," said smartasset. Conventional wisdom may say that's primarily an affordability issue, and that factor can't be ignored. However, there are several additional reasons why the suburbs are calling out to millennial buyers. And, on the flip side, there are those who can't even conceive of leaving the city for the ‘burbs, affordability notwithstanding.
So how do you know where to go? Up next are some of the key factors.
No comments:
Post a Comment