Where Millennials Are Buying Homes

ECONOMIC FOCUS

According to Realtor.com the lack of buying among first-time buyers in the wake of the economic crisis has had the industry biting its nails wondering if young adults would ever give up renting or move out of their parent’s homes.  But now that they’ve finally reached the normal house-buying age, they’re jumping into the market.  “The No. 1 buying cohort has always been the 25-34 year olds,” says  Johnathan Smoke, Chief Economist for Realtor.com.  Here are the top 10 markets where Millennials represent a large share of new mortgages … [Read Full Economic Focus Here]

 

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