The document discusses homeownership rates among millennials in California. It presents statistics showing that millennial homeownership is falling according to Census Bureau data. It also shares results from a 2014 CAR survey that found 45% of millennials were uncertain about whether they could obtain a mortgage. The presentation encourages using new homebuyer programs to help millennials purchase homes with low down payments and easy qualifications. It concludes by providing contact information for VITEK Mortgage Group.
Millennial Homeownership Rates Falling Despite Government Programs
1. The Missing
Millennials
Team VITEK
John Easterbrook
Patty Aguon
NMLS #’s 226555 & 994635
Information in presentation intended for real estate professionals only. Not for consumer use.
2. Homeownership Rates by Age
California (2010 Census)
SERIES: Homeownership Rates
SOURCE: U.S. Census Bureau
4. Most Mellinnials uncertain/doubtful that they
could obtain a mortgage now?
Yes 22%
No 33%
SOURCE: C.A.R. 2014 Millennial Survey
Q: Could you obtain a mortgage if you applied now ?
Don't know
45%
5. 5
With all the great new homebuyer programs, there’s no
excuse for not buying a home – easy to qualify & low down.
CHF PLATINUM
Free Money!!
6. Questions?
Information in presentation intended for real estate professionals
only. Not for consumer use. VITEK Mortgage Group is licensed by
the Department of Business Oversight under the California
Residential Mortgage Lending Act. NMLS # 37408
7. Questions?
Information in presentation intended for real estate professionals
only. Not for consumer use. VITEK Mortgage Group is licensed by
the Department of Business Oversight under the California
Residential Mortgage Lending Act. NMLS # 37408