Home Buying Report: Millennial Couple Edition
Rachel Burris3-Minute Read
March 18, 2021
Rocket Homes® surveyed 500 millennials across the country who are currently in a relationship to find out about their home buying experiences and preferences:
Although 38% of millennials who are currently in a relationship chose their neighborhood because of its affordability, most had other reasons for being attracted to their residential area, including:
The majority of millennial couples worked with or plan to work with a real estate agent when purchasing their home.
74% of millennial couples have already purchased their first home. Most of them became homeowners over the course of their relationship:
The primary reason these homeowners gave for purchasing their home when they did included:
What type of property did they choose to call home?
22% of millennial couples have not purchased their first home yet. Among those who haven’t purchased a home, the primary reason is:
Their thoughts about purchasing a home primarily fell into the following categories:
*To determine the home buying preferences of millennial couples, Rocket Homes® surveyed 500 individuals aged 25 – 40 who are currently in a relationship. The millennial generation was defined as individuals born 1981 – 1996. The survey was conducted online February 8 – 10, 2021.
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