LendingTree analysis finds young homebuyers active in Boston, Pittsburgh and DC

San Francisco millennials paid the most for their mortgages
  • A LendingTree analysis reviewed who is taking out mortgages, and for how much.
  • Millennials are taking the plunge most often in Boston, Pittsburgh and DC.
  • San Francisco millennials are also buying at a good clip, and are plunking down the most.

Young buyers are finally testing the waters of homeownership.

A study recently conducted by online loan marketplace LendingTree showed that the millennial demographic is looking more toward a few big, established cities for that big rite of passage.

When examining the nation’s top 50 cities, the LendingTree analysis found that millennials in Boston, Pittsburgh and Washington, D.C. pursue home ownership more than their counterparts anywhere else.