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Updated about 7 years ago on .

Account Closed
  • Riverside, CA
296
Votes |
412
Posts

This is Where Millennials are Buying - Map Included

Account Closed
  • Riverside, CA
Posted

Inquiring Minds Wanted to know - So I asked the Question. Where are Millennials Buying? Click on Map.

http://www.zerohedge.com/news/2017-12-15/map-shows...

Our viz takes millennial homeownership data from Abodo and maps it by metro area across the country. Abodo adopted the data from the U.S. Census Bureau, which regularly collects a variety of information about the population, including the age of homeowners, the estimated value of their homes, and how long it would take to accumulate a 20% down payment. Our numbers are from 2015. We then overlaid this information across metro areas with bubbles representing the portion of millennial homeowners in each market: the bigger the bubble, the more millennial homeowners there are. We also color-coded each bubble to represent the median value of their homes—dark red circles mean the homes are worth over $500k, and dark blue means under $200k. This gives you a quick snapshot of the overall economy and the housing market.