Colorado Association of REALTORS | Millennial Home Buyers
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Millennial Home Buyers Tag

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Five Millennial Home Buying Trends to Watch For 2019 – Plus One Bonus Tip

By: Simon Kafati  Assistant VP – Mortgage & Consumer Lending, FirstBank It’s official! In November 2018, millennials claimed the lead in mortgage ownership, taking the largest share of new loans by dollar volume at 42 percent. That’s compared to a share of 40 percent for Generation X, and only 17 percent for baby boomers.   Now numbering at roughly 83 million in the U.S., millennials have...

Denver Makes the List of Most Popular Areas for Millennials to Move and Stay

NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the most popular areas for millennials. The top 10 metro areas were selected because of their high share of both present millennial residents and recent movers, as well as their favorable employment opportunities. Denver has already a large number...

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9 Mind-Blowing Facts About the Millennial Housing Market

The housing market looks a lot different today than it did a couple generations ago. ### Faced with financial challenges, it's little wonder that millennials are buying different types of homes and in different types of locations than their parents did. And they are buying under different circumstances, too, often waiting longer, buying before marriage, or living with their parents to save cash so...

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Denver Remains a Top Destination for Millennials, but a Shortage of Affordable Homes Could Make it Harder to Keep Them

Denver remains a magnet for millennials, but a lack of affordable homes could prevent many of them from sticking around for the long haul.   Out of 100 metros examined, Denver continues to rank in the top 10 for its ability to attract and retain millennials, the generation born between 1980 and 1998, according to a study from the National Association of...