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Where Do You Stack Up Against Other Millennial Home Buyers? For many prospective millennial homebuyers, the scariest part of buying a home is just how unfamiliar the process can be. Either you’re the first among your friends to buy a home, or you’re lagging behind your peers and wondering how on earth they figured this all out.
The National Association of Realtors (NAR) has identified the top 10 purchase markets for millennial homebuyers, those 18-34 years of age.. The study, which said financial obstacles and lifestyle choices are delaying the journey to homeownership for many young adults, analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical.
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5 Reasons It Will Be Harder to Buy a House in 2017 – Nearly 5.5 million previously lived-in homes were sold last year, making 2016 the strongest for the housing market since. But the group found that demand for repeat homebuyers hadn’t been affected.
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