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| Can Millennials Move On and Up? |
| By Suzanne De Vita |
As the biggest cohort of homebuyers, millennials are exercising influence in the market in unprecedented ways. They are at the center of demand for housing—built-up after many moved back in with their parents, and now releasing slowly, but surely, as the crash fades from memory. In fact, the majority of Power Brokers in RISMedia's 2018 Power Broker Report & Survey believe millennials are their most auspicious opportunity this year. There are factors, however, that could keep a lid on the millennial move-out. According to Freddie Mac's monthly Insight, recently released, the amount of households led by young adults is down 3.6 percent from 2000—attributable to costly homes and stagnating wages. ...
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