Denver remains a magnet for millennials, but a lack of affordable homes could prevent many of them from sticking around for the long haul.
Out of 100 metros examined, Denver continues to rank in the top 10 for its ability to attract and retain millennials, the generation born between 1980 and 1998, according to a study from the National Association of...
Becoming a First-Time Buyer in America’s Least Affordable City
June 15, 2017
For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according to a new joint...
Millennials. Many were raised during the housing crisis and the recession. Their childhood experiences in a down market has shaped their outlook on home ownership. At least, that was the prevailing belief.
A few years ago, it looked as though the millennial generation was rather uninterested in buying a home. In 2013, NAR was releasing reports showing a gradual, year-to-year, conspicuous...