Millennials make up the largest group of homebuyers, at 35 percent. Statistics don’t tell the full story. According to Lisa Davey of Washington Federal, a deeper dive shows the median age of Millennial buyers is 30-plus – on the cusp of Gen X.
In addition, Gen X buyers are in their peak earning years; thus their incomes are the highest among all generations. So, while Millennials might be more talked about, Gen X is the demographic making itself “at home” with major home deals and remodels statewide, thanks to a variety of smart financing and re-financing options available today.
– Alison Bailin, The Arizona 100