Dogs undeniably are human best friends; humans tend to have strong bonds with their dogs; it makes sense that their furry family members are driving home buying decision.
A recent survey by SunTrust Mortgage found that a third of millennials who had already purchased their first home said they were influenced by the need to have space for a dog.
It's good that first time homebuyers are honest with why they're seeking to own a larger space. Keeping those priorities top of mind can only help prepare them with the costs to expect owning a pet as well as owning a home.
The survey also found that 42% of millennials who had never bought a home said that their dog, or the desire to have one, would be a key factor in their decision to get on the property ladder.
Dogs had more weight in homebuying than any other human counterpart. They clearly don't call them man's best friend for nothing!