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Home » Store » Inside Mortgage Trends » Millennials Delay Ownership for Various Reasons

Millennials Delay Ownership for Various Reasons

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Inside Mortgage Trends

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The reasons that the homeownership rate among millennials hasn’t been as high as it was for previous generations continues to captivate industry analysts. The latest research suggests that those born in the early 1980s through the early 2000s have delayed homeownership due to personal decisions and because home prices are rising faster than income. Nearly 60.0 percent of renters are looking to buy in the next five years and 70.0 percent of those renters are millennials ...
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