What are the least & most popular cities for millennial home buyers? Consumer financial matchmaking site LendingTree recently analyzed mortgage requests and offers for borrowers ages 35 years and under (between 2/1/17 and 2/1/18) along with requests from the total population of mortgage-seekers based on the location of the property to be mortgaged. They then came up with a set of rankings generated from the percentage of total purchase mortgage requests received by LendingTree from millennial buyers. Be sure to look at the entire 100-city list.
“From a housing market perspective, tight inventory is boosting prices in many markets and millennial home buyers must now contend with rising mortgage interest rates reducing their buying power.”