Middle-tier metros hit millennial homebuyer sweet spot

  • A new report from the National Association of Realtors identified the best purchase markets for millennial homebuyers by evaluating job growth, population trends, income levels and housing conditions.
  • While California and New York saw a huge surge in millennials flock to major metros during the early stages of the economic recovery to land fancy jobs, the higher cost of living made it hard to purchase a home.
  • Middle-tier cities such as Austin, Texas, Denver and even Washington, D.C., address the major obstacles millennial's face with affordability and savings without compromising on culture.

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At the place where favorable employment opportunities and reasonable cost of living converge lies an opportunity for young professionals to buy homes without totally compromising on lifestyle.