Great information about a growing segment of buyers.
From Patty Loveless to Mariah Carey, the music has changed but the message remains: “Nothing ever stays the same.” This is categorically true as it applies to the tastes, wants and desires of homebuyers – especially the category labeled “Millennials or Gen-Y.”
Representing a growing segment of the home-buying public, Millennials are living in a world dramatically different than the one their parents experienced: the up and coming generation’s world view has been shaped by the events surrounding 911, the Economic Meltdown in latter half of the first decade of the new Millennia and the growing influence of technology on daily life.
No wonder Millennial’s preferences are significantly different than those of previous generations.
Just a few short years ago, this age bracket was comfortable living at home with the parents with no move-out date in sight. Jaded by world and economic events, they were in no hurry…
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Bertrand Realty Blog 
My 34 yr old son is living in our grandma apartment out back….I’m not sure he will ever leave. :( It is a different world we live in, my friend.
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It is a different world, Bill. It’s very difficult for the millennials to get into the market these days. Rent prices are excessively high and lenders want incredibly high credit scores to qualify buyers for a loan. There aren’t many options but to move in with a family member who has the space to house them.
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