http://realtormag.realtor.org/daily-news/2016/05/03/ellie-mae-debuts-millennial-tracker?om_rid=AADG2i&om_mid=_BXKP6TB9NSahW-&om_ntype=RMODaily
It is an online tool that tracks loan trends among millennials across the country and provides insight into this mammoth generation of potential home buyers.
I explored the tracker a bit and so far this year (be careful, I got addicted to playing with the tracker):
14% of loans closed in Naples/Marco were Millennials (people born from 1980-1999)
Nationwide the average loan for a Millennial is $188,502
Naples/Marco area the average loan is 236,393.
Click here for tracker!
No comments:
Post a Comment