By Rob Chrisman

Posted To: Pipeline Press

We’re approaching the home buying season. What could $412k pick up in Detroit during the last home buying season? Here you go . Thanks to Brian B. for passing this along. Realtors, lenders, and anyone who likes filming commercials with unshaven youngsters are focused on Millennials. (Is the industry going to be hearing about this every week for the next 50 years?) Battered by the financial crisis, environmentally conscious and not willing to commit to long-term investment in a property, millennials-defined by the U.S. Census Bureau as Americans between the ages of 18 to 34-are eschewing home ownership , in a departure from previous generations. Among a multitude of other traits, these folks seem to want to protect the environment and also live near the office. Today, the majority of multifamily…(read more)

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Via:: Millennials: Wedding vs House – Rarents Ride to the Financial Rescue

      

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Written by : Mortgage News Daily

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