Could millennial homeownership be on the rise?

Thiery Dosogne | Stone | Getty Images
Thiery Dosogne | Stone | Getty Images

By Clare Trapasso | realtor.com

The news has been all gloom and doom when it comes to millennials’ low rate of homeownership. Just last week, we wrote about how the fear of commitment of buying a home with a partner could be one of the reasons many younger folks don’t own the roof over their heads—along with rising prices, high student debt, and hard-to-get credit.

But that tide might be starting to turn. A recent Fannie Mae report analyzed U.S. Census data of 20- to 33-year-olds from 2006 to 2014. It followed different age groups through the boom (2006–08), bust (2008–12), and recovery years (2012–14).

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