Millennials Buying Homes Page

: Affordability varies wildly by location. While major hubs like Los Angeles or Northern Virginia see average prices between $750,000 and $870,000 , markets in the Midwest and Central Virginia remain much more attainable.

: Baby Boomers currently own 28% of the nation's large homes, often with fully paid-off mortgages, leading to a significant mismatch as young families with children only own 16% of these properties. millennials buying homes

: The median first-time homebuyer age has reached a historic high of 40. : Affordability varies wildly by location