MILLENNIAL HOMEBUYERS FORGE AHEAD
As interest rates creep higher and housing markets across the country report lower inventory, the spring house-hunting season looks set to be intense – and perhaps even more so because of a rising number of young buyers testing home ownership for the first time.
Economists and real estate agents alike are carefully watching Millennials – one of the largest demographics to reshape the American economy since baby boomers – to see not only what kind of effect this debt-laden, tech-savvy generation could have on the housing market but also when it may peak.
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http://www.csmonitor.com/Business/2017/0412/Millennial-homebuyers-faced-with-a-tight-market-and- heavy-debt-still-forge-ahead
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