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Report: Arlington, Virginia Is Millennial Town U.S.A.

RealtyTrac recently released an analysis of fair market rents and median home prices in more than 500 U.S. counties. Among the findings of the report: the real estate markets with the highest share of millennial population.
January 5, 2015, 7am PST | James Brasuell | @CasualBrasuell
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Rob Wile shares news of a report by RealtyTrac, finding that Arlington, Virginia is the U.S. city with the highest percentage of millennials, at 40 percent. "The Washington DC suburb saw the share of its residents born between 1977 and 1992 climb 78 percent from 2007 to 2013," according to Wile.

Wile notes that the Washington D.C. area, not just Arlington, dominates the leaders in millennial population: "The city of Washington DC proper is now 35 percent millennial, up 30 percent from 2007; and Alexandria, Virginia is now 34 percent millennial, up 80 percent from 2007." 

Writing for RealtyTrac to announce the report, Daren Blomquist provides additional details of the report, which includes data that suggest buying is more affordable than renting in the majority of U.S. housing markets.

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Published on Thursday, January 1, 2015 in Fusion
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