Millennials are choosing Salt Lake City as their #1 place to buy homes! According to a new report by online marketplace LendingTree, Salt Lake came out on top compared to other of the nation’s 50 largest metro areas, which analyzed mortgage requests from January to November of 2018.
Millennials made up 51% of the total purchase requests in Salt Lake City, their ages range from early 20s and mid-30s. Salt Lake has been called the silicone slopes and is along with Park City is a hub for start-ups. With Salt Lake being so close to many national and state parks, several ski resorts, and other endless outdoor activities it shows that the younger generation is looking for that balance between city and nature.