Millennials Enter the Fray

truss images for all truss californiaWith the job market picking up, a new demographic group is finally entering the housing market with their savings in tow -Millennials. Kept from the market by the Great Recession and crushing student debt, this huge demographic is slated to take 33% of the market by 2020.

Millennials differ in some dramatic ways from more traditional Baby Boomers, preferring newer, greener technology and more interested in multi-family homes thanks to today’s sharing economy.

Construction production is having trouble keeping up with this new demand, driving prices up for buyers and giving new energy to the building community.

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