Search
 

Will the Generation After the Millennials Own Homes?

“Given Generation X has a high homeownership rate, and Generation Y is expected to as well, I would expect nothing different from the youngest generation,” First American's Mark Fleming tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on August 25, 2017

Mark Fleming Fleming: “The housing crisis could have tarnished the dream of homeownership in America, but instead homeownership remains a strong beacon for Americans and enduring symbol of success.”

SANTA ANA, CA—“Given Generation X has a high homeownership rate, and Generation Y is expected to as well, I would expect nothing different from the youngest generation,” First American Financial Corp.‘s chief economist Mark Fleming tells GlobeSt.com. As we recently reported, ccording to a recent report from the firm, increasing educational attainment indicates the prospect for higher income levels and homeownership demand among Millennials.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.