Millennials: Top Home-Buying Demographic in the Country
According to an article from the Dallas Morning News, millennial homebuyers now account for 36 percent of U.S. home purchases.
Forty-four percent of these buyers are purchasing homes in the suburbs; despite the popular notion that many millennials prefer urban neighborhoods.
As a result of this sudden influx of millennial homebuyers in the nation’s housing market, homebuilders are beginning to take notice and scrambling to tailor houses for this generation of homebuyers.
To read the entire article, visit DallasNews.com.
Categories: industry news