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The real estate industry is on the cusp of a significant wave of new homebuyers that will drive the housing market for at least the next decade: millennials. Millennials—those born between 1982 and 2000—account for one-quarter of the U.S. population, and they will represent 75% of the American workforce by 2025. This means there will be an influx of young professionals looking to purchase their first home.
Keep reading: Millennials: Shaping the Future of Real Estate