Realty Executives Integrity
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The reluctance of many millennials to buy a home has been well-documented over the last few years, but that is changing. According to realtor.com millennials now account for the largest share of loan volume — 42% in December of last year. In spite of significant home price appreciation and low inventory in a number of U.S. markets, growing numbers of this generation are entering the real estate market. That trend is likely to accelerate, in light of the fact that only one-third of millennials owned homes at the end of last year.