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Ohio Market Watch: Ohio millennials' ability to find a home a challenge
Ohio Market Watch: Ohio millennials' ability to find a home a challenge
May 2, 2018
By Greg Stitz, Ohio REALTORS Director of Research
For the past two years Ohio REALTORS have been asked to indicate the affect low entry-level housing inventory having on millennials' ability to purchase a home in Ohio. According to 90 percent of Ohio REALTORS responding to the organization's March housing confidence survey, low inventory is substantially (47 percent) or slightly (43 percent) hindering millennials' ability to find a home. The combined percentage last year was 84. Only 10 percent of respondents find that low entry-level inventory is not hindering millennials' ability to find a home to buy in their area.