Boston Condos for Sale

Most Popular Cities for Millennials. Boston made the list 

The most popular cities for Millennial homebuyers will surprise you. LendingTree recently looked at this largest group of homebuyers in the country. The deep dive analyzed mortgage purchase requests on the LendingTree TREE +0.2% platform across the country’s 50 largest metros.

Key findings from the report include the most popular cities, the least popular cities, and where the youngest Millennial buyers move to. LendingTree’s Chief Economist and Vice President Tendayi Kapfidze looks at the report’s results. “We found the top cities were attractive to those older millennials with high-paying jobs in the tech industry,” explains Kapfidze.  

Two of the most popular cities San Jose and Boston are among the country’s most expensive to buy a home.  It’s no surprise Millennials are the majority of buyers in those cities thanks to tech-based economies and high-paying jobs.

Moving East to Boston a long-time tech hub for Millennials, many of whom went to school in the Boston area and stayed. At number two the typical home in Boston is currently above $1 million. “Tech companies attract younger and wealthier workers that can afford these expensive cities,” Kapfidze observes.