The "Millennial struggle" in real estate is driven by a unique set of economic pressures:
: High mortgage rates (hovering around 6-7% ) and student loan debt are the primary barriers cited by 25% of potential millennial buyers. Emerging Buying Strategies millennials buying homes
: 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. The "Millennial struggle" in real estate is driven