Why Millennials Are Drawn to LA’s Westside
April 11, 2017 | Tags: buying homes, Real estate trends, Westside
Blog
Millennials have enormous purchasing power and are buying homes in large numbers. In fact, millennials purchase more homes per year than any other group in the United States. According to the National Association of Realtors, buyers under the age of 36 now make up more than a third of all home buyers and almost two-thirds of first-time home buyers. Since they are such a large group of buyers, it would be helpful to know what they are looking for when they choose a place to live. Learn what they want in a property, what they want in a location, and why the Westside is a main target for millennials.