Buying Trends — Millennial Home

: Stubbornly high home prices and mortgage rates hovering in the 6% to 7% range have crippled purchasing power .

: An overwhelming 74% of millennials still view homeownership as a core component of the American Dream . millennial home buying trends

: Sky-high rent costs and general inflation make saving the traditional 20% down payment nearly impossible for many . : Stubbornly high home prices and mortgage rates

: Millennials represent the most active generational cohort in the real estate market . larger luxury assets

: Builders have historically focused on more profitable, larger luxury assets, leaving a massive supply deficit for entry-level buyers . 🏠 What Millennials Want in a Home Millennials are buying more homes than you might think