This Map Shows Where Millennials are Buying Houses
Source: HowMuch.net
Millennial homeownership rates are essential to understanding the housing market because they facilitate additional home sales for other people.
How does this work? As HowMuch.net explains, suppose you make an offer on a house. The current owner is also probably on the market, and he or she likely has a contingent offer on another house. This sets off a chain reaction throughout the economy. Millennial homeownership rates are therefore an easy way...