Millennial home buyers are losing their edge to score properties in a tough, expensive housing market.
Based on the NAR’s... Millennial home buyers are losing their edge to score properties in a tough, expensive housing market. Baby boomers, those born in the years after WW II and aged roughly 57 to 76, have considerable equity in their current home that they can tap to produce all-cash offers, but millennials — many of whom are first-time buyers — are finding it hard to beat the competition and buy homes.
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