By Tendayi Kapfidze | LendingTree
Millennials are growing older, and that means they’re moving up in their careers, having children and buying homes.
To determine where millennials are looking to buy homes, LendingTree, one of the nation’s leading online loan marketplaces, analyzed new purchase mortgage requests made in the nation’s 50 largest metros on our online marketplace from January to November 2019.
Millennials (defined as born between 1981 and 1996) make up a significant share of potential homebuyers in all of the country’s largest metros. And they comprise the majority of potential homebuyers in certain markets, including New York City, San Jose, Calif. and Minneapolis.