Westchester and Fairfield County Business Journals Combined Issue 102615

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WESTCHESTER & FAIRFIELD COUNTY

BUSINESS JOURNALS

OCTOBER 26, 2015 | VOL. 51, No. 43

37 | WAYPOINTE

18 | ON PACE AT PACE

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

westfaironline.com

Millennials entering homebuyer’s market BY COLLEEN WILSON cwilson@westfairinc.com

T

he generation known as millennials, those born between about 1982 and 2000, has become the largest generation in U.S. history at 83.1 million strong. Westchester and Fairfield counties’ real estate markets are hoping to attract those potential buyers and, according to some of the region’s brokers, millennials are transitioning from renting to buying and are increasingly becoming some of the most sought after clientele. But putting this new generation of buyers into homes of their own is not without its challenges. Philip Faranda, a broker and owner of J Philip Real Estate in » MILLENNIALS, page 8

TILL to TINE GROWING MORE THAN HOUSES AND OFFICES AROUND THE REGION Photo by Reece Alvarez

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