Getting to Know the Millennial Homebuyer

Getting to know the millennial homebuyer

Millennials* are officially the largest group of homebuyers in the U.S.
Here’s what you need to know about them:

Communication Preferences

Today’s homebuyers value speed, convenience, and a 
mix of in-person and digital interactions.

* Millennials are applicants born between 1980 and1999.

Housing trends at a glance

Going, Going, Gone

Purchases Continue to Dominate at
62% of All Closed Loans
Up 5% from February

Want to reach today’s millennial homebuyer? Let’s discuss how we can work together to give millennials the homebuying experience they want.

Sources:
[1] Ellie Mae® Millennial Tracker, March 2018.
[2] Ellie Mae Borrower Insights Survey, 2018.
[3] Great TEXTpectations: The Text Messaging Playbook for Sellers, 2018.
[4] National Association of Realtors® (NAR) Existing-Home Sales, March 2018.
[5] U.S. Census Bureau, Monthly New Residential Sales, March 2018.
[6] Ellie Mae Origination Insight Report, March 2018.

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