More millennials will buy homes in 2015, Zillow says

As rents rise, millennials will dive into homebuying
December 2, 2014

According to HousingWire, Zillow forecasts the coming year will see millennials flocking into the market.

 

“Roughly 42 percent of millennials say they want to buy a home in the next one to five years,” said Zillow’s Chief Economist Stan Humphries. “By the end of 2015, millennials will become the largest home-buying age group.” Zillow’s research reveals that the three best markets for first-time buyers in 2015 are Pittsburgh, Penn., Hartford, Conn., and Chicago.

 

Read more

Comments

expand_less