By: Sheldon Coxford

Reasons why Millennials are buying homes

Tags: Buying a home with a dog, why are Millennials buying homes, Millennials buying a home

Millennials, as it turns out, do want a home of their own—if only so their dogs are more comfortable.

In spite of reports that Generation Y is avoiding purchasing homes (and even an accusation that they spend too much money on avocado toast to afford one), a report showed millennials were the largest group of homebuyers in 2016.

But don’t expect them to be walking down the aisle any faster. A recent survey conducted by Harris Poll found that 33 percent of millennials say having better space or a yard for their dog motivated the purchase of their first home. Marriage was the driving force behind 25 percent of homebuyers that age, and having a child was named by only 19 percent.

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