[Here are a few excerpts from an article in the North Fulton Herald: Read the full article here.]
According to CoreLogic, a company devoted to giving its clients data-driven insights, millennials are a key demographic for real estate marketing. This detail was included in a report recently released by Bret Fortenberry, staff scientist with the company.
“According to CoreLogic analysis, millennials are most likely to buy homes in metropolitan areas with an improving economy,” Fortenberry wrote. “The research shows that millennials are buying in markets they can afford, and specifically, where there are good-paying jobs and home prices are low.”
Using the findings, Forsyth County ranked sixth in the nation for counties in which millennials are likely to purchase homes.
“Forsyth County is attractive for millennials in that we are enjoying growth in the jobs that they find attractive while also having real access to the outdoors,” said James McCoy, president of the Cumming-Forsyth County Chamber of Commerce. “The lake, rivers, Sawnee Mountain, the large number of parks, greenway and proximity to the mountains are great amenities for millennials that bike, hike, paddle and enjoy the outdoors,” all of which millennials find appealing, he said.
“You get more for your money in Forsyth County,” McCoy said. “Millennials are interested in having families and we have one of the leading school systems in the nation.”