There are more Millennials than there are boomers or Gen Xers, which may be one reason we in the real estate industry are so laser-focused on engaging them. We hear these 16- to 34-year-olds mostly live at home. (And not just the teenage ones!) Sometimes we hear they actually like the burbs. Reports say changes to down payment requirements may actually push them into the real estate market. City planners and developers take note: Millennials want to walk.
That’s the word from Tuesday’s report from the National Association of Realtors® and the Transportation Research and Education Center at Portland State University, which states that “millennials prefer walking over driving by a substantially wider margin than any other generation.” They surveyed 3,000 adult Americans in the 50 biggest metro areas.
To Discuss Your Home buying Opportunities Please Call The Easterbrook Team at 916-850-6050 or Email: Easterbrookteam@spmc.com
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