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The housing industry is counting on 2015 to be the year that Millennials (finally) buy more homes.

Jan 06 2015

The housing industry is counting on 2015 to be the year that Millennials (finally) buy more homes. A large chunk of the generation is approaching the age they are expected to settle down, and those older ages combined with low interest rates and increased mortgage availability have many optimistic that they will take the home owning plunge. As Millennials are attracted to urban markets, these areas are predicted to benefit from this homeownership shift as well. At the same time, money remains an issue for much of these young consumers, who want to be sure they are financially stable enough for the responsibility. (Chicago Tribune)