Bankrate.com senior financial analyst is quoted as saying "It seems like Americans' love affair with real estate has returned" due to all the buying activity in the market.
The Millennial generation which moved back in with their parents are finally starting to enter the market. Jed Kolko Trulia's Chief Economist says that the Millennials should have a "pent-up demand for hosuehold formation."
Baby Boomers are also ready to move. John Burns Real Estate Consulting is quoted as saying Baby Boomers "are buying homes in droves" as their situation improves.
And what about everybody else? Freddie Mac states a 1.2M household formation forecasted for…(watch the video to find out)
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