Millennial — Home Buying Trends

According to data from Clever Real Estate via Mortgage Professional America, report facing at least one significant barrier to homeownership .

: Millennials represent the most active generational cohort in the real estate market .

: An overwhelming 74% of millennials still view homeownership as a core component of the American Dream . millennial home buying trends

: Over 50% cited the desire for a larger home as their primary motivator . This is heavily driven by delayed family formation and raising children .

: Watching property values skyrocket has motivated millennials to view real estate as the most reliable vehicle for building long-term equity . 🚧 Major Barriers to Ownership According to data from Clever Real Estate via

: Over half of all millennials are now homeowners .

The following scannable report outlines the current trends, motivations, barriers, and property preferences defining the millennial home buying journey. 📊 Market Share & Demographics : Over 50% cited the desire for a

: Permanent remote and hybrid work environments allow millennials to look outside of expensive coastal tech hubs .