More millennials are living in single-family homes

Fannie Mae report and commentary find that millennials favor living in single-family homes, whether they buy or rent

Much has been written in recent years about the millennial generation and the challenges young people face in getting a mortgage loan, but whether today’s young adults choose to dip their toes into homeownership or rent their homes, one thing is clear: They prefer to live in single-family homes in either scenario.