A recent article in the San Francisco Chronicle highlighted how more millennials are buying homes – or planning to buy – after a year of living with their parents. For many, moving back home was the only viable option when the pandemic hit. The good news is they were able to save at a much more rapid rate as the economy edges back to normal, many are looking to become homebuyers for the first time.

Seventy=three percent of millennials surveyed said they were able to increase their savings during the pandemic while nearly 40 percent improved their credit score.