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East Valley millennials driving new trend toward home ownership

Posted by   /  September 11, 2017  /  No Comments

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home-buying trendsBy Wayne Schutsky | East Valley Tribune

Millennials as a whole may have put off home buying longer than those who came before them, but market trends show that the largest generation in history is beginning to warm to the idea of home ownership.

Chandler and Gilbert are uniquely poised to take advantage of this market shift, said Realtor Mindy Jones Nevarez, one of the agents behind ChandlervsGilbert.com, a website that provides comparison information for people considering a move to either of the two communities.

Older millennials – people ages 27 to 36 – made up 28 percent of home buyers in the country in 2016. That ties them with Gen Xers for the largest representative share of total home buyers last year, according to the National Association of Realtors Home Buyer and Seller Generational Trends Report 2017.

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