What Do Supply and Demand Tell Us About Today’s Housing Market?There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the
Millennials Are On The Move As FirstTime Homebuyers
Dated: December 9 2019
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!
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