3 Reasons Why Millennials Are Afraid To Buy Houses

Dated: 03/22/2019

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Many Millennials are incredibly excited to buy their first or, in some cases, a second home.  However,  there are also a lot of Millennials who are afraid to buy a home.  Here are some of Millennials' top home-buying fears. 

 1: Paying A Mortgage 

Many millennials are afraid of how much it will cost to pay their mortgage. However, in many cases, it is actually cheaper to buy than to rent. 

 2: Being Stuck in One Place 

Many millennials are afraid they won't be able to move where the work is if they set down roots. This an understandable fear, but over 30% of people are now working from home. If you have a job you can do at home, you should make sure you've got a nice home to work from! 

3: Upkeep and Surprise Maintenance 

A lot of Millennials are afraid of the costs of maintaining a home, especially surprise maintenance issues. A helpful thing to do is to put aside a savings account to pay for any maintenance issues.

Don't let fear control your life. If you're financially ready, it's time to buy a home.  If you are ready to buy a home, our agents would love to help you!  To speak with one of our BMP Network agents, click 

BMP Network is a Real Estate Team with EXP. They excel in meeting the real estate needs of buyerssellers, and investors in the Kingman, Bullhead City, Lake Havasu City, Parker, Mohave County, AZ, and Las Vegas, Henderson, Laughlin, NV areas. BMP Network in now HIRING - Apply Now.  

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