Corcoran Urban Real Estate
 

Some Millennials Buy Homes, Some Can't Buy Homes

Some Millennials Buy Homes, Some Can't Buy Homes According to a new study from Bankrate, millennials are facing some substantial obstacles to home buying. In fact, the obstacles are so large that nearly a third are putting off a home purchase.

But it's not all bad news, according to the National Association of REALTORS, millennials account for 32 percent of all home purchases last year - that's important because first-time homebuyers initiate the chain of sales of move-up buyers.

Some of the obstacles for that third that isn't buying? Stagnant wages and high student debt.

For more, head over to Chicago Agent Magazine here.