The pent-up demand for the millennial generation to buy houses is starting to surface, according to a report from Rob Chrisman.
Millennials, which range from 18 to 34, have put off buying houses due to the recession, high unemployment and student loan debt.
In the report, Chrisman explained that a lot of lenders are prepping for the upcoming demand.
Hamilton Group Funding, a Florida based mortgage banker, is continuing its aggressive expansion plans in multiple states, seeking to acquire mortgage firms or branches with $50 to $250 million in annual residential production, Chrisman said.
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