May 18, 2017 // Real Estate

Millennials Moving Market

Recent reports from a variety of sources suggest that the massive purchasing power of millennials is now being felt in the housing market. True to form, they’re being careful with their money. These numbers from January 2017 tell the story. During that month:


    • 84% of closed loans went to millennials (Ellie Mae).


    • 65% of first-time home buyers had a down payment of less than 6% (Down Payment Resource).


    • 62% of all home buyers put less than 20% down (Down Payment Resource).

    • 35% of loans to millennials were FHA loans (Ellie Mae).

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WK Real Estate

WK Real Estate

Founded in 1976, WK Real Estate is passionate about connecting people with the right properties and the best resources. We blend the latest technology with the best customer service to bring a unique, memorable and high quality experience to each client.

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