Thanks to the Great Recession, many of the younger generation of Americans have delayed major financial milestones like buying a home. But, according to a recent survey, those challenges haven't dampened their optimism about real estate. According to recent research from Zillow, 33% of young adults between the ages of 18 and 34 said that buying a home was an "excellent" investment—more than any other age group (compared to 29% of working-age adults between the ages of 35 to 54 and 27% of older adults ages 55 and up).
The Takeaway
With nearly one-third of young adults claiming full confidence in the housing market, there's never been a better time for the millennial generation to transition into homeownership. So if you're a young person who has been thinking about buying a home, go ahead and make your move—you'll be in good (and plenty of) company.
