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Posted over 11 years ago

Top 5 Cities For Milllennial Investment

For the maturing Millennial generation, home ownership is top of mind. With mobility in the workplace and growing tech sectors around the country, buying the right home has become more about finding the right city for you. The best cities for Millennial home-buyers have a mix of the good job growth, culture, and home. Your own initial research and the help of an experienced local agent can help you find the place that’s ideal for you.

Here are the top 5 cities for Millennial Home Buyers:

Arlington, VA

Arlington, Virginia, just outside of Washington, D.C. has been siphoning off Millennials from major cities like Manhattan for the last few years now. Arlington’s ideal location means a DC job with a little more space to start a family. Let’s not forget that living a metro ride away from DC also means all the restaurants, music, and vibrant culture of the nation’s capital as well.

Austin, TX

In 2014 Austin‘s job growth hit 4.2%. This city is home to South By Southwest (SXSW) and Austin City Limits festivals — and as a result, thriving art and tech scenes. A city so independently-minded and steeped this much culture and always makes an ideal Millennial mecca. Young homebuyers can take advantage of average home prices here of $382,874.

Orlando, FL

Job growth in Orlando, Florida is strong at 3.7% in 2014. The sunshine state might offer an ideal setting for you as a Millennial buyer. Homes here average just $186,755. With the magic of Disney, a major basketball franchise, and the title of “promising tech hub to watch,” Orlando offers major metro appeal.

Boulder, CO

If tech is your niche, you might try looking in Boulder, Colorado. Google is planning a brand new expansion here. With a hub of venture capitalists also calling Boulder home, its no wonder this city is quickly becoming a tech center outside of Silicon Valley. A new gig at Google could, no doubt, help you land a home in this outdoor lovers paradise. Boulder offers mountain sports, college football, and nearly 300 days of sunshine a year.

Houston, TX

Once a sprawling Mid-Century suburb, Houston, Texas is remaking itself. The city ranks 5th when it comes to job growth, according to New Geography. The average home here costs $293,101. No doubt opportunity can certainly be found in this quickly changing city for Millennials, as it is also one of the fastest growing cities in the US. Houston’s burgeoning startup scene is part of what’s driving its growth. As the city continues to cater to Millennials and the startup scene, a growing wealth of culture also emerges.



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