It has been a few weeks wince we’ve talked about Millennials so we don’t want them to feel left out. According to recent number-crunching form Realtor.com, there is a “sea change happening” among millennials and it’s causing repercussions across U.S. housing markets. Reportedly they’re opting out of the bright lights and big city lifestyle and are looking for more affordable small cities. Ok….so where are they moving, now????
“For the first time, we’re finally seeing evidence of millennials outcompeting older generations in more markets than not,” says Javier Vivas, director of economic research at realtor.com. “If millennials continue to grow [their market share]at this pace, we expect them to buy more homes than Gen X and baby boomers combined in the next year.”