A survey by the Harvard Mutual Cardiovascular system to own Housing Studies (JCHS) shows that if you are millennials was basically shortly after felt bad to purchasing belongings, homeownership around it age bracket is rising. A recently available questionnaire because of the LightStream, a national on line credit department off SunTrust Lender, supports these types of findings: Millennials try trailing a new house repair and you will remodeling development.

According to LightStream browse, 69 per cent regarding millennial residents intend to purchase re, a 25 percent raise due to the fact 2014. On the other hand, merely 57 % regarding seniors are usually planning home home improvements this season.

Why is actually millennials believed even more home home improvements than baby boomers? For some, there was a look closely at residing more urban areas, and regularly he could be to get elderly house without the improvements and you may enjoys he could be seeking. Read More