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Millennials—the newest generation of homeowners—aren’t as quick as past generations to embrace the major life decisions that will move them from renting to homeownership
High rents, tight credit, student loans, and a preference for an urban lifestyle keeps today’s young adults from moving
Millennials are buying homes, but they want what downsizing Boomers now want: Smaller homes with nicer amenities in denser neighborhoods
Half of all buyers are under 36, and nearly half of young homeowners live in the suburbs
Fewer properties are on the market because owners are staying in their homes longer than in the past
Contrary to popular belief, consumers are in the market for their next home. But what they desire in a new home is much more than the lowest price and a great location, according to a survey of more than 10,000 potential home buyers by John Burns Real Es
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