While common tropes may suggest that millennials may be slower to enter the market or that they’re pushing off large life decisions like buying house, evidence to support these claims is hard to find. In fact, the sheer size of the generation warrants a closer look into the buying habits of this notable generation.
Millennials are buying houses.
Buying a home, however, may not mean the same thing for millennials as it did for their parents. The average millennial homebuyer is concerned with upward mobility and is looking for a place to live rather than a lifelong home in which to raise their family.
This in one trend worth watching over the course of the next decade. What are your thoughts? What other trends have you witnessed in the housing market?