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Millenials and their homes

Valued Contributor

Millenials and their homes

It looks like millenials have begun buying homes.

An article today entitled The Next Hot Housing Market: Starter Homes mentions that "After sitting on the sidelines for a decade, millennials are buying homes en masse, promising to kick the already strong housing market into higher gear.”

I also happened to stumble over another article the other day entitled Chicago's 2017 housing market will be weakest in nation, group says, which interestingly states that "About 42 percent of homebuyers in the Chicago area have been under age 35. Nationally, the under-35 group is expected to make up only 33 percent of the homebuyer pool next year. Baby boomers are expected to represent 30 percent of buyers nationwide.”