Why are Millennials Postponing Buying a Home?
American millennials aren’t buying the same number of houses that previous generations have bought before them. This demographic group isn’t visiting open houses or searching property listings online for their dream home. In the wake of recession and slow recovery, the homebuying rate of millennials has decline to a 30-year low. What’s caused this drop in US homeownership among young home buyers? Find out below. See also What the Real Estate Industry Needs to Know about Millennials.