Residential

Look who’s fueling the hottest housing markets

 

Millennials apparently are buying homes — despite the avocado toast. They’re just buying in the less-expensive suburbs. And that’s fueling a sales boom in the nation’s lesser known hamlets, such as Wautauga, Texas, and Hilliard, Ohio, according to new research.

“We’re finding that the hottest markets are affordable pockets where a millennial can have success,” said Javier Vivas, director of economic research at Realtor.com. “If you’re getting good square-footage for a reasonable price, it’s going to be a magnet. And it’s a plus if you’re near hiking trails and hipster hotspots where you can find great restaurants and nightlife.”

Read Article at CBSNews.com

Leave a Reply