A New Year Brings New Predictions About Millennials & The Housing MarketPosted by Kenneth G. Cox on
We all know millennials are already starting to drive a significant portion of the real estate market, with some statistics now showing they account for around 36% of all U.S. home purchases.
Despite apartment markets all over the country still red hot due to some millennials not wanting to settle for just any old home, others are out in full force looking to transition from renting to home ownership, and even in places we’re not hearing about all that much.
The accepted stereotype for millennials is that they want to live in the city and enjoy walkability and a rich social scene filled with plenty of things to see and do. But according new surveys, many young Amerians are actually opting for larger homes out in the suburbs with more bedrooms…
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