Buying a home is a big undertaking at any age. It can take years for an Orlando resident to become financially stable and be able to commit to the long-term payment of a home loan. From saving for a down payment to finding an affordable residence that meets one's needs, a person can spend a lot of time planning their residential real estate purchase.
Though some people wait until they are older to buy homes, a new trend is emerging across Florida. More and more individuals of the Millennial generation are making home purchases and investing in their own properties. Though some debate exists regarding the definite definition of a millennial, individuals in this demographic are generally those who were born in the 1980s on through the mid-1990s.