See How Millennials Are Changing the Real Estate Market
Listening to many of the stories being told about millennials (generally categorized as those born between 1981 and 2000) might lead one to believe they are all lazy and entitled individuals who live in their parents’ basements. But research shows a different story—especially where homeownership is concerned. According to a consumer housing trends report from Zillow, half of today’s homeowners are under the age of 36, and half of sellers are under 41. “Millennials are shaping the market more than anyone realized,” says Zillow chief marketing officer Jeremy Wacksman.