Pittsburgh Has The Highest Share Of Millennial Homebuyers

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March 23, 2017

Millennials are aging into their prime adulthood years, which means they are achieving life goals such as getting married, starting a family, and buying a house. A wide range of cities, from San Francisco to Wichita, Kan., are appealing to younger buyers.

Business Insider, through a study by LendingTree, found 13 cities that have gotten the highest percentages of mortgage applicants 35 and younger since last August.

Pittsburgh topped the list, as 48 percent of applicants were Millennials. The average down payment in the Steel City was $33,963, and the average mortgage was $201,921.

Washington D.C., Des Moines, Iowa, Boston, and St. Louis round out the top five.

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