![]() ![]() We can work with you to make sure you are taken care of. We will also work with your insurance plans and accept all major forms of payment including major credit cards, cash, and checks. We offer a wide variety of payment options including in-house, no-down-payment plans and third-party financing. Before leaving the office, you can discuss financial options to determine what sort of payment plan works best for you. Lagstein will perform a thorough examination to determine which treatments are necessary to help you achieve your dream smile. This the perfect time to ask your questions concerning any specific treatment options you would like to know about. After that, you will meet with a treatment coordinator. It is important to document the current state of your mouth in order to determine the proper course of treatment. You will then be taken back for X-rays and digital photos. First, you will be greeted by our receptionist and asked to fill out some new patients forms. Your first visit to our office will consist of a few different steps. From your very first consultation, we can help you determine which treatment is right for you and get you started on your path to achieving the smile you have always dreamed of. The road to your dream smile is just one office visit away. Millennial population.At Smile Specialists, we are dedicated to helping you get the smile you deserve. Still, according to BofA analysts, the survey “suggests a slightly higher homeownership rate for Millennials overall than the latest Census Bureau data, which showed that 51.5% of Millennials were homeowners as of 2022, indicating that our survey respondents may not be representative of the broader U.S. For example, Fortune’s interviewed some high-earners, or higher than average, that are still renting because they don’t feel like they can afford to buy a home in the markets they live in.įrom a professional couple earning around $225,000 living in Los Angeles to a business owner earning over $200,000 on her own, living in Manhattan, in both cases these millennials were opting to rent, citing several barriers to home ownership. Meanwhile, only 51% of those ages 25 to 35 reported being homeowners.įrom Fortune’s previous reporting, it’s clear that there’s variation among millennials and homeownership. Of those, 64% of millennials ages 31 to 41 said they owned their home. This year’s survey, 58% of respondents said they owned their home, up from 53% last year. Nonetheless, more millennials are homeowners than ever before, and each year BofA runs the survey the percentage of millennials that are homeowners has gone up. Over the past three years, respondents have cited affordability as a concern, however, this year’s survey showed “a material jump,” wrote BofA analysts. Millennials that said they weren’t planning to buy homes were most concerned about affordability, particularly with the jump in mortgage rates. ![]() “While some Millennials could feel motivated to buy a home soon to get ahead of cost increases, others may stay out of the housing market due to affordability challenges, particularly if rent moderates,” wrote the BofA analysts. (Analysts at BofA expect national home prices to flatten and rent growth to moderate over the coming year). BofA’s survey respondents included over 1,000 millennials between the ages of 25 and 41, with average household incomes concentrated in the $25,000 to $75,000 range. Millennials also cited buying as a good investment. Partly because the respondents expect housing costs, like rent, home prices, and mortgage rates to go up even further from here. However, two-thirds of the survey’s respondents are still set on buying a home and say they’ll likely do so within the next two years, despite already spending around 30% of their income on housing (rent or a mortgage). “By almost every measure-rents, home prices, interest rates-this group expects to pay more for housing even as it already takes up one-third of their household income,” BofA analysts found. That lack of affordability is why “attaining the American dream is becoming more challenging than ever,” Bank of America (BofA) analysts wrote in its eighth annual millennial housing survey published on Friday.
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