The Kids are All Right: Houston housing market braces for influx of Millennials

For years, Houston economists, Realtors and homebuilders wrung their hands over Millennial homeownership rates. Amid soaring student loan debt and a slowly recovering job market, these so-called Millennials — young adults born between the early-1980s and the late-1990s — are delaying many of life’s milestones. They are postponing marriage, having kids later and deferring home ownership. However, some housing experts and Realtors believe Millennials are finally making the leap from renting an apartment to buying a home. They say 2015 is the year of the Millennial homebuyer. Bizspace Spotlight Economists from Zillow, the and the Urban Land Institute predict that Millennials will begin to...