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How Millennials Are Changing Today's Housing Market

They are making educated, research-driven decisions when it comes to homeownership.

Opinions expressed by Entrepreneur contributors are their own. This article was updated on July 3, 2020

In today's unique economic environment, millennials are taking an entirely new approach to homeownership. As the folks in their late 20s and early 30s close out their student debts and settle into their careers, buying residential real estate is often the next big thing on the horizon.

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With around 38 percent of today's home buyers being millenials, according to the National Association of Realtors, this generation is actively changing the housing market as a whole.

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