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



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.


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