And if millennials (our largest generation in history) decide to move out of their parent’s basements and start buying their first homes, expect demand and prices for homes under the median price to sky rocket.

Baby boomers and millennials, each at distinct life stages, are converging on the market with different needs and financial strategies, shaping the housing landscape with their preferences and purchasing power.Baby Boomers: In Search of Sun, Savings, and SerenityBaby boomers are charting a course toward warmer climates and tax-friendly havens as they approach retirement.

It has the trendy 19th-century architecture, proximity to the downtown and uptown major employment centers, the arts crowd has moved in, and a couple major apartment redevelopments are full of white-collar Millennial and Gen Z renters paying a premium for loft apartments.

Millennial Mike? 

This is the result of -Boomers staying in their homes longer -Lack of building since 09' -Demographic wave of millennials becoming of household formation years.

http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2016/08/18/where-millennials-are-more-likely-to-live-with-mom-and-dad

Some use FHA's but those are millennial buyers and FHAs are designed for that type of consumer.

Keep in mind the Millennial effect... a widespread trend away from SFR and towards apartment living (and bigger city apartments more specifically). 

Public speaking or communication is more my strong suit.With Rocket Mortgage catering to millennials I'm concerned getting and keeping a MLO license may cost more and yield less.I have a school lined up for either career path.

I hate the stereotype that millennials are lazy freeloaders, I work my butt off!