Posted on: February 19, 2015Buying a home is a big step during adulthood. Home-owning takes being employed with a steady income, and in terms of the mortgage, no fear of a long term commitment. It makes sense that people want to wait until the perfect time, or until they find the perfect house, before they sign on the dotted line. For Millennials especially, growing up during the housing crisis and recession have shaped their outlook on the future of homeownership. While there have been many reports on the decline of Millennials owning property, we sought out ask them when exactly they see themselves buying their first home. Note: The Millennial age range includes 18-34 years of age, so while these are still young homeowners, an 18 year old will typically have different homeownership aspirations compared to a 34 year old. In certain instances of our survey breakdown, we compared the two groups (18-24 vs. 25-34) to see if there were dramatic differences in their homeownership goals.