The latest data shows that the homeownership rates among younger adults is leveling out, perhaps hinting of a turn-around.
After declining for decades, Fannie Mae reports this week that the rate of homeownership in the 24-to-34-year-old bracket has leveled out, with no significant decline in 2014.
The challenges facing Millennials in home ownership include high levels of student debt coupled with stagnant wages. The report goes on to suggest, however, that demand for more housing could be on the horizon.
Read more at Chicago Agent Magazine here.
Read more at Chicago Agent Magazine here.