Wednesday, July 01, 2015
Posted by: Elizabeth Nicholas
Who are the homebuying Millennials? - HousingWire
June 29, 2015
What does a Millennial homebuyer truly look like?
This highly discussed generation is frequently defined in the housing industry, and looking at several reports, they are ready to jump into homeownership.
Endeavor America Loan Services, a mortgage company based in Walnut Creek, California, surveyed loan application data collected from more than 5,400 Millennials in 2014 to gain a true picture of this increasingly important homebuyer.
The average Millennial is 28 and has been at their current job for 3 years.