missing Millennial

Missing Millennials: Where Are All the First-Time Home Buyers?

Millennial Subcategory:  “Baby Boomerangers” One of the factors holding back the housing market is the (relative) dearth of first-time Buyers. Typically, such Buyers account for 40% of all residential real estate sales; the last few years, however, the percentage is closer to 33% (one-third). What accounts for the slippage? Three Theories Given that the average...
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