Millennial home buying trending up, says Taylor Morrison CEO

Builder

CNBC’s Jim Cramer sits down with Taylor Morrison Homes Corp.’s CEO Sheryl Palmer, who sees a surge of interest among millennials in home ownership.

The number of new housing starts has surged in recent months, and the trend is being powered in part by an unlikely bunch — millennials, Sheryl Palmer, CEO of home builder Taylor Morrison, told CNBC on Thursday.

Taylor Morrison Chairman and CEO Sheryl Palmer /PRNewsfoto/Taylor Morrison

Consumers are “changing their relationship with homeownership” and it’s evident in the increase of the number of people who are saving, she said in a “Mad Money” interview.

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