Millenials Top All Home Buyers

Despite the economic and financial challenges young adults have braved since the recession, the millennial generation (ages 34 and younger) represent the largest share of recent home buyers, according to NAR's 2015 Home Buyer and Seller Generational Trends study. Millennial home buyers had a median income of $76,900 and typically bought a 1,720 square foot home costing $189,900. The survey additionally found that an overwhelming majority of buyers search for homes online (88%) and then purchase their home through a real estate agent (87%), with millennials using agents the most.