Phoenix, L.A. millennials among least likely to buy homes

millennials

 

millennials
The percentage of homeowners under 35 years old in 2015 was nearly 8 percent lower than it was in 2005, according to census data. /Photo-Jenny-Matthews-Alamy

Mike Sunnucks | Phoenix Business Journal

Millennials in Phoenix are among the least likely to buy homes in the U.S., according to a new report and analysis by LendingTree (Nasdaq: TREE).

The online loan marketplace looked at the number of mortgage requests coming in from major U.S. markets from prospective borrowers 34-years-old and younger over the past 12 months.

Phoenix ranks 54th out of 59 U.S. areas with 37.2 percent of loan requests coming from millennials.

Continued:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories