Millennials and the home buying experience

Members of the Millennial generation, those in the 18-34 age range, have been slow to enter the home buying market. Sidelined by high unemployment, student loan debts, and tight credit, Millennials have a different outlook on home ownership and long-term investment than previous generations. “The millennials are now adding to the ranks of renters and will eventually spur demand for first-time home-ownership. As the oldest members of this generation turn 30 this year and the economy continues to recover, that demand should begin to emerge more strongly.”

Find out more about the Millennial generation, who they are, their attitudes towards home ownership, and how to meet their real estate needs with the articles and other resources in this Field Guide. (A. Siudzinski, Senior Information Specialist)

Original Article: http://www.realtor.org/field-guides/field-guide-to-millennial-home-buyers

FG-Millennial-Home-Buyers

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