With 2016 only three weeks away, housing experts are still trying to figure out how to lure more Millennials into homeownership. Realtor.com has offered a distinctive way to figure out which major metro markets offer the best opportunity for Millennial homebuyers—and, of course, the mortgage professionals eager to work with them.
Combining the quantity of Millennials that viewed “For Sale” listing pages on Realtor.com with media list prices and the population share of older Millennials (ages 24 to 35) per market, Realtor.com named Atlanta as the best Millennial housing market for 2016. The Georgia city’s selling points include an affordable median list price ($234,000), a solid population share of older Millennials (13.6 percent) and vibrant opportunities for employment, affordable housing and social activities (which, it seems, are must-haves for this demographic).
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