March of The Millennials

At some point, the inevitable hand-over was going to happen, but that it will likely happen this year is somewhat of a surprise. Millennials will be the majority of homebuyers compared to other age groups at some point in 2015, according to current trends. Almost half of Millennials want to buy a home in the next five years. Driving factors include outpacing of rent vs. cost of home ownership, an increase in affordable home construction, and more favorable interest rates and loan options. Have a look here for a little more insight and the five best housing markets for first-time buyers. 

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