Millennials Say Big Cities Are Out
Many millennials cite affordability as the biggest barrier to homeownership. Homes in San Francisco, Portland, Seattle, Los Angeles, San Diego, New York City, Washington, D.C., and Boston come with high costs and the down payment needed to buy a home in these markets can spook away potential buyers.
So when millennials are ready to buy a home, they tend to turn to the suburbs for their first homes. Yes, t... read more