STUDENT LOAN DEBT AND THE RECESSION KEPT THE MILLENNIALS FROM BECOMING HOMEBUYERS. BUT THAT’S CHANGING NATIONWIDE … AND HERE IN ALBUQUERQUE. PAUL WILSON WITH THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THE NUMBERS OF MILLENNIALS LOOKING TO BUY A HOME IS UP.
BUT WILSON TELLS US THEY’RE NOT INTERESTED IN THE FIVE-BEDROOM HOUSE. HE SAYS HOUSES BEING BUILT NOW ARE MORE ENERGY EFFICIENT, WHICH APPEALS TO MILLENNIALS, BECAUSE IT’S LESS MONEY OUT OF THEIR POCKET OVERALL. HE SAYS WHILE MILLENNIALS PREFER A SMALLER HOUSE, WILSON SAYS THEY DO WANT A LITTLE BIT A LAND TO GROW THEIR OWN FOOD.
