Cities on the list include some of the largest, most expensive markets, like Los Angeles, as well as more cost-effective metros, such as Atlanta. These are questions that have yet to be answered.”For Millennials, Affordability Is CriticalOne thing that does seem to be true—which was also the case pre-coronavirus—is that millennial homebuyers are prioritizing affordable housing. “The commonality among millennial homebuyers is affordability. “Chicago is one of the most affordable big cities in the country,” Tucker says. What Buyers Should Know Before Putting Money DownWould-be homebuyers have one significant advantage right now: Mortgage interest rates are scraping rock bottom.

Source: Forbes July 15, 2020 18:00 UTC