Here are four ways millennials are impacting the high-end market.
Redefining the Starter Home
Many high-earning millennials are going straight to the luxury sector, which has been a welcome surprise for sellers.
Leveraging Mortgage Rates
Low mortgage rates have been a boon for millennials, many of whom are entering their prime home-buying years.
Location-Independent
Medium-sized cities with access to nature and cultural amenities are proving to be the location of choice for todays millennials.
Lifestyle-Driven
Millennials prefer homes that support a healthy lifestyle with features like a home gym, outdoor space and nearby recreational amenities.
Published with permission from RISMedia.
