Over the past year, we’ve been rethinking all aspects of our lives, including where we live. One recent survey found that nearly one in three Americans planned on moving from urban to suburban areas, citing a lower cost of living as their driving force. Suddenly, it seemed like we’d hit the Goldilocks era of homebuying, where popular-but-not-crazy-popular cities (like Boise, Knoxville and Sarasota) became the hottest places to buy. And that’s generally true, until you look at millennials specifically.
Those born between 1981 and 1996 are flocking to larger metropolitan areas, albeit ones that tend to be a bit more sprawling than, say, New York or San Francisco. The move makes sense: You can get a larger home for your money, yet you still have the job opportunities, culture and all-around hustle of a major city.
Mortgage company Better recently shared its data on the top five cities its millennial lenders (which comprised 65 percent of its funded loans in February) are buying in, and once you see this roundup, you might be convinced to start home searching there, too.
