Some Highlights:

• ‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau.
• According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.
• More and more ‘Old Millennials’ (25-36 year olds) are realizing that homeownership is within their reach now!

Source: Luxury Market News