Millennials Will Drive Home Prices Up for Years to Come

A couple interesting stories here. For a broad brush, millennials have accounted for the largest share of home buyers over the past year—37%, reports Barron’s. Expanding wealth, growing families and ultra-low mortgage rates are prompting more millennials (22% of the US population) to become homeowners. Diving deeper, millennials made up a higher share of the potential homebuyers in the Midwest markets and in metros with high-tech job opportunities. Want to check out where they are landing? Metro Nashville sits in the 52-55% quadrant of buyers in the millennials age bracket of 26 to 41 years old. View the following articles. Barron's Millennials Fuel the Housing Market ******* Corelogic Millennial Homebuyers Dominate in High-Tech and Midwest Metros

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