Wake County, NC is No. 8 for Millennial Home Buyers

Report: Wake County among top 10 national markets for prospective Millennial homebuyers

Wake County is one of the top 10 markets where Millennials are most likely to purchase homes in the next six months, according to a new report by real estate and financial research firm CoreLogic.

It is no surprise that Wake County, NC is No.8 for Millennial home buyers. Wake County includes some of the most desirable neighborhoods in NC: Raleigh, Cary, Apex, Morrisville, Wake Forest in North Carolina. All of these towns are conveniently located near Research Triangle Park which is an area for jobs, especially in the high tech fields.

“Markets that have a lower unemployment rate, lower foreclosures/delinquency rates and a higher year-over-year GDP increase are the most attractive to this younger demographic,” writes CoreLogic.

The report notes a shift from where Millennials are currently buying, “from cheaper areas that border the improving counties to the heart of the improving counties in which the housing market is more expensive.”

The top 10 markets for Millennials in the next six months:

  1. Douglas County, Colorado
  2. Prince William County, Virginia
  3. Fairfax County, Virginia
  4. Loudoun County, Virginia
  5. Hamilton County, Indiana
  6. Forsyth County, Georgia
  7. Placer County, California
  8. Wake County, North Carolina
  9. Boulder County, Colorado
  10. Williamson County, Tennessee

Rebecca Troyer manages the day-to-day process of delivering the daily digital content and the weekly print edition for the Triangle Business Journal.

If you are considering a relocation to the Raleigh-Triangle area of North Carolina, consider using an Exclusive Buyers Agent. One who will have only your interests, needs and desires in mind. Exclusive Buyer Only agents never take listings or work for a listing company, therefore, no conflict of interest can occur. FOR HomeBUYERS has represented Home Buyers exclusively since 1991 and pioneered Exclusive Buyer Representation in Wake County. To contact us call or text 919-219-9878 today for a no obligation private consultation about our services.