What to expect the real estate market from the millenial generation?

The generation of millennials, or generation Y (people born in 1981-2000) is at the peak of its economic and social activity, and real estate market players will have to take into account the needs and preferences of this group of their clients.

According to the Pew Research Center (PRC), in 2019 the number of millennials in the United States will exceed the number of representatives of the baby boomer generation (1946-1964) and generation X (1965-1980). It is expected that there will be about 75 million people, including, thanks to the influx of immigrants. Continue reading →