May 15, 2018

Instagram, Facebook photos spur Millennials to become homeowners


They’re landing better jobs and higher salaries. They’re getting married and having kids. And they’re tired of living in their parents’ basements.

Now, here’s another reason Millennials are itching to buy a house: They see photos of homes on Instagram and Facebook that their friends bought, and think: “What about me”?

This “FOMO”  — fear of missing out —  has become one of the forces spurring many Millennials to finally buy a home, according to a Bank of America survey of 2,000 adults early this year. Read More.