Infographic: The millennial generation
A portrait of millennials
Millennial homebuyers face enough challenges in this market without letting misperceptions get in the way of buying a home.
As the second-largest group of recent homebuyers,1 millennials are eager to buy homes and represent a solid opportunity for you. But they are dealing with real market obstacles, as well as misperceived hurdles to homeownership – with 66% thinking they need a 20% down payment.2
See how younger and older millennials compare and find out how to help both groups by showing them all their financial options, including low-down-payment mortgages, to earn their trust and future business.
1NAR’s 2025 Home Buyers and Sellers Generation Trends Report
2NerdWallet, 2025
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