Like their baby boomer parents or grandparents, millennials hope to one day become homeowners. However, they've largely decided to do it their way, buying while they're still single and focusing on aesthetics. With an estimated 40 million millennial households expected by 2025, the dream of homeownership isn't dying — it's simply evolving.
Millennials are forging their own path to homeownership. Some are choosing to delay other life events such as marriage and are instead prioritizing home buying. Others are opting to buy homes with friends.