2019 Denver Home Buyers? Sure Ain’t Millennials. 47% Of Millennial Renters In Denver, CO Have Zero Down Payment Savings

Denver Millennials Need to Save for 20 years for house down payment

87% of millennial renters in the metro Denver area say that they plan to purchase a home at some point in the future, but just 5% expect to do so within the next year, while 28% say that they won’t buy for at least five years. This is bad news for the cheerleaders in the real estate industry who are banking on millennials to power home prices gains in 2019 after a lackluster year in 2018.