572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719


Compare Listings

“Let’s Talk Real Estate! “MILLENNIAL MIGRATION” September 12th, 2018

Mid Realty officeJarlynn Hyde

Lets Talk Real Estate!

“Millennial Migration”

 Up until very recently, “millennials” (the generation of Americans aged about 18 to 34) have earned the reputation for being more occupied with their cell phones and social media than homeownership. Now, recent data reveals that millennials are moving out of their parents’ homes and migrating to the suburbs. In fact, millennials now account for the largest group of homebuyers (as the Baby Boomer parents were before them), and nearly half of them live in the suburbs. As this millennial relocation to the suburbs proceeds, there is likely to be a commensurate rise in demand for homes. Up until recently, millennials may have delayed marriage, childbearing, and homeownership, but they are expected to grow into these roles. Ever since the financial crisis, rents had been rising nationwide. However, it seems to have maxed out in many cities, and now, the rent vs. own analysis no longer favors becoming a tenant. In most instances, rents have caught up with buying, even for entry level properties. For more information, please give us a call. We look forward to meeting with you at our office.  “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”


Mid Realty

Related posts

“Let’s Talk Real Estate! “HANDLE A RENTAL EFFECTIVELY” November 20th, 2019

Lets Talk Real Estate! "HANDLE A RENTAL EFFECTIVELY"  Rental properties can be quite a bit...

Continue reading
by Mid Realty

“Let’s Talk Real Estate! “KEEPING IT IN YOUR POCKET” November 13th, 2019

Lets Talk Real Estate! "KEEPING IT IN YOUR POCKET"  Many buyers are stretching their money...

Continue reading
by Mid Realty

“Let’s Talk Real Estate! “TWO COST-EFFECTIVE IMPROVEMENTS” November 6th, 2019

Lets Talk Real Estate! "TWO COST-EFFECTIVE IMPROVEMENTS"  There are all kinds of matters you...

Continue reading
by Mid Realty

Join The Discussion