Homeownership Rates for the 'Under 35's' is Increasing

According to a recent Bloomberg report, millennials want to own their own homes, and in increasing numbers would like to live in the suburbs. They’re getting married and having children later than their parents did, but they are starting to “cross barriers typically associated with buying,” Bloomberg reports.
Approximately one-third of home purchases are made by millennials who are making the leap from renting to owning their own home.