Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Christopher Adeleke Christopher Adeleke

MIAMI—Ranging from 22-36 years old, Millennials represent the largest generation in the US. It’s easy to picture them as student-debt- loaded grads living with countless roommates or in their parents’ basement who aren’t ready to buy, but the National Association of Realtors has attributed 31% of buyers to this market, and Fortune Magazine has recently said Millennial purchasing power is expected to increase from $600 billion to $1.4 trillion in the coming years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Jennifer LeClaire


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.