Housing Perspective for 2019
Here are some interesting statistic to consider:
37 is the MEDIAN age of the average home in the United States.
The number of millennials in 2019 is 73 million compared to 72 million baby boomers. Millennials have overtaken baby boomers as the largest U.S. adult population, and they are starting to purchase homes
People are staying in their homes longer, it's now 8.3 years, which is a record high.
According to the US Census, the increase of single family rentals has grown 31% since 2016.