According to reports from the National Association of Realtors (NAR), millennials represent 37 percent of all homebuyers this past year, and have made up the largest share of homebuyers for 8 consecutive years. Another interesting fact from the NAR is that many of the homes being purchased are considered multigenerational homes that will house adult siblings, adult children, parents, or grandparents.
All posts tagged: Millennial Home Buyers
How Builders are Courting Millennials to Buy
Millennials have a different approach to life than previous generations, including how they view the home buying process.
Millennial Home Refinance Boom Reaches New Heights
With interest rates dropping, and home values increasing, millennials have taken action and are a driving force in the home refinance market.