Millennials currently make up 29 percent of homebuyers, the largest portion across all generations. The typical age of a first-time homebuyer was 38 years old in 2024, according to the National ...

Millennials – all squarely within their primary working years – are buying homes more or less quickly depending on the metro ...

The housing market has posed significant challenges for first-time home buyers, who are now primarily millennial and Gen Z consumers. The highest mortgage rates in two decades, rising home prices ...

According to a recent study from Realtor.com, millennials and Gen Z are "pent up" when it comes to housing -- there were 1.6 million fewer households for those between 18 and 44 than expected.

Inventory, mortgage rates combine for a millennial affordability crisis. Housing affordability at a low not seen since the mid-1980s: NAR. Aug 12, 2024, 10:49 AM. By . TRD Staff; Save article.

Older millennials (34-43): 44% are first-time buyers, indicating many are entering the market later than previous generations. Relationship status is a key driver of millennial homebuying decisions.

Specific to housing inventory, 19% of millennials blamed their own generation for a lack of supply versus 30% of baby boomers, while 24% of boomers say their own generation is responsible.

That was a shift from a year earlier when millennials, or those born between 1980 to 1998, made up 38% of homebuyers, while baby boomers, or those born between 1946 to 1964, were 31% of all buyers ...

Millennials — those born between 1981 and 1996 — in Las Vegas, bought the second lowest rate (48.4 percent) of single-family homes in the country last year out of 55 of the largest metros.

Millennials currently make up 29 percent of homebuyers, the largest portion across all generations. The typical age of a first-time homebuyer was 38 years old in 2024, according to the National ...