Millennials & Home Buying

Millennials are the largest generation in the U.S. and, according to MarketWatch, they’re the largest generation to ever enter the the housing market, currently at 17 percent. A few more facts:

  • They make up more than 30 percent of all homebuyers
  • 90 percent purchased in a major city
  • 80 percent consider home buying a good investment
  • A high percentage have a DIY attitude when it comes to research
  • Many have high student debt
  • On average it takes 12 and a half years to save for a down payment

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