Positive Thinking: The Economy

Stunning Montecito Estate

Things are looking up, economically speaking, and this time, it isn’t mere hear-say. According to the results of the latest Home Index Survey released by PulteGroup, Inc., published by DSNews.com, Millennials are holding positive thoughts about the current state and future of the U.S. economy. In February, 1,000 Gen Y consumers were polled, with a combined 74% reporting that they felt the economy was in the same or better shape as last year. Additionally, 74% reported positive feelings about purchasing things they want/need, including homes. The increased optimisim is leading Gen Yers to believe they can live the lives they want or expect to live in the future. Homeownership seems to be a big part of that future life with 85% of Millennials reporting that they are planning to purchasing a home and 49% planning to do so in the next two years. Millennials report associating owning a home with “happiness” and “achievement.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s