The number of American millennials have altered their perceptions on job place behavior, media consumption, and culture. The impact though was also felt strongly in the housing market. The older millennials who are between 25 to 34 years old are presently occupying 30% of the citizens who either have their own houses or are looking for one to call their own.
Since January, house sales trends had shown that millennials can modify realty landscape if they choose to live in any of the cities listed below. These are the top 10 markets that are most likely to see an influx of millennial buyers within the year.
Atlanta, GA
MarketWatch ranked Atlanta as best city for fresh college graduates and professionals due to its high starting salaries and cheap living costs, Market Watch reported.
Pittsburgh, PA
Cheap housing costs, easy public transportation, various clubs, an active nightlife, and a revamped waterfront area all add up to a perfect destination for the young ones.
Memphis, TN
Its housing affordability and cheap cost of living are attracting millennials and encouraging them to buy.
Austin, TX
It's now known as a haven for tech jobs and startups, as well as for biotechnology and pharmaceutical companies. The city's most recent unemployment rate was only 3.3%.
Boston, MA
Even though housing prices are above national average, abundance of education resources and abundant job opportunities make an attractive place for young people to build a life.
San Diego, CA
A booming economy led by the biotech industry, prestige universities, year-round great weather, and beautiful beaches with abundant wildlife make the city an appealing place.
Seattle, WA
The headquarters of Amazon, Microsoft, and many other tech companies, the greater Seattle area has welcomed educated, young tech workers, who contribute largely to its unique culture.
Denver, CO
With mountains, fresh air, sunshine, and tech jobs, Denver checks off many of the features millennials want in a place to live in.
Houston, TX
Fortune 500 companies call Houston home, and the many career opportunities attract hoards of young professionals every year. It is the nation's top urban job creator, City Observatory reported.
