The largest group of first time buyers in United States history has been sitting on the sidelines

Hey everyone, Michael Rush here bringing you a US housing market update. Now in 2023, we had less than 4 million houses that were sold on the market. This is the lowest number that we've seen in 30 years. In 1993, we had 260 million people living in the United States. Now we have 340 million people, and last year was a record low year. So there is a ton of pent-up desire and pent-up demand, and people are ready to buy homes in 2024. The The number one age group that wants to make a move is millennials. There are 72 million millennials and 45.5 million that are between the ages of 26 to 35. Now, 26 is the typical age that someone moves out of their parents' home, and 35 is the typical age when they buy their first home. Now, this is the largest group of homebuyers in United States history. If you've been thinking about making a move, now is definitely the time.