Millennials Buying Homes -

: Affordability varies wildly by location. While major hubs like Los Angeles or Northern Virginia see average prices between $750,000 and $870,000 , markets in the Midwest and Central Virginia remain much more attainable.

To bypass high costs, millennials are adopting non-traditional ownership models: millennials buying homes

The "Millennial struggle" in real estate is driven by a unique set of economic pressures: : Affordability varies wildly by location

: High mortgage rates (hovering around 6-7% ) and student loan debt are the primary barriers cited by 25% of potential millennial buyers. Emerging Buying Strategies 000 and $870