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Incoming Wave of Millennial Homebuyers Is a Major Opportunity. – Taylor Morrison Home CEO Sheryl Palmer sees a major opportunity for the U.S. housing market over the next decade as more millennials hit prime homebuying age. Nearly 45 million Americans will reach the general age of first-time homebuyers in the next 10 years, 3.1 million more than in the 10 years prior, according to a recent analysis by Zillow.
Hugo Homes Vancouver, LiveItOrListIt.com, Vancouver, BC (2019) – Incoming wave of millennial home buyers is a major opportunity for US housing market, says Taylor Morrison CEO Taylor Morrison Home CEO Sheryl Palmer sees a major opportunity for the U.S. housing market over the next decade with the acceleration of the millennial generation hitting prime home-buying age.
Millennial home buyers see time-to-close shrink to four-year. – Millennial home buyers are in luck. Thanks to increased adoption of digital mortgage processes, today’s up-and-coming buyers now enjoy the shortest time to close since 2014.
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These US cities have the highest levels of Millennial. – These US cities have the highest levels of Millennial homebuyers: SmartAsset. Robert. Home prices that are rising faster than wages in many parts of the country is a major contributing factor to the inability of many Millennials to purchase a home.. Here’s what a softening housing market.