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More Young People Are Buying Homes

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David Deem 714-997-3486 Dave@DeemTeam.com There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for  First American , explains why millennials have put off certain milestones linked to homeownership. Those delays led to their homeownership rates trailing slightly behind older generations: “ Historically, millennials have delayed the critical lifestyle choices often   linked to buying a first home,  including getting married and having children, in order to further their education . This is clear in cross-generational comparisons of homeownership rates which show millennials lagging their generational predecessors.” So, it’s partially true that  some millennials  have waited  on   homeownership  to focus on other things in their lives  – and that’s im...