Millennials are projected to buy the most houses this year—this is how they can prepare for it. (via CNBCMakeIt)
In their forecast, Realtor.com predicts that millennials' share of mortgage originations will surpass an unprecedented 50% in the spring, outnumbering the share of total homes purchased by members of Generation X and baby boomers, at a respective 32% and 17%.
"It's an age at which they are on their first, second jobs," Realtor.com's senior economist George Ratiu tells But it's not a loss for millennials; in many parts of the country, suburban towns have evolved to become more dynamic than they once were. Builders, taking note of younger generations' interests, are developing neighborhoods that contrast with the Levittown assembly-line homes many have come to associate with suburbia.
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