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Where are millennials buying houses in the U.S.? Olathe is top, Overland Park up there


Sioux Falls, S.D.; and Anchorage, Alaska. The study looked at 200 large cities ... One recent small sample housing survey by real estate marketing firm Highline Partners found that Kansas City area millennials want houses with yards and are attracted ...


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The city of Olathe gets the No1 ranking in the country from financial technology company SmartAsset that looked at where millennials are buying homes JOHN SLEEZER File photo The city of Olathe gets the No1 ranking in the country from financial technology company SmartAsset that looked at where millennials are buying homes JOHN SLEEZER File photo jQuery(document).ready(function () { mi.leadAssets.init(); }); Government & Politics Where are millennials buying houses in the U.S.? Olathe is top, Overland Park up there By Lynn Horsley lhorsley@kcstar.com LinkedIn Google+ Pinterest Reddit Print Order Reprint of this Story $(document).ready(function () { mi.articleShareTools.init({ nextLinkedin: '7634', nextPinterest: '7712' }); mi.socialSharingScroll.init(); }); February 05, 2018 05:00 PM The city of Olathe in Johnson County gets the No1 ranking in the country from a financial technology company that looked at where millennials are buying homes. And Overland Park came in 11th in the same ranking by SmartAsset, a New York-based company that offers tools for people to make smart decisions on home buying, taxes and other personal finance decisions. Olathe ranked just ahead of Chesapeake, Va.; Bakersfield, Ca.; Sioux Falls, S.D.; and Anchorage, AlaskaThe study looked at 200 large cities, but found that no big city was in the top 10, probably because of high housing pricesThe rankings took into account 2016 data on the percent of millennials, those under age 35, who own their homes in each cityIt also looked at the percent change in millennial homeownership from 2007-2016, using Census Bureau information. Olathe had 45.6 percent homeownership among millennials in 2007 and 50.43 percent in 2016, for a change of nearly 5 percentTaking both those factors into account, it got the top ranking. jQuery(document).ready(function () { mi.renderNewsletterIframe.init({ container: '#newsletter-signUpWidget', url: 'http://x.email.kansascity.com/ats/url.aspx?cr=663&wu=174,http://x.email.kansascity.com/ats/url.aspx?cr=663&wu=180,http://x.email.kansascity.com/ats/url.aspx?cr=663&wu=176' }); }); Never miss a local story. Sign up today for a free 30 day free trial of unlimited digital access. SUBSCRIBE NOW jQuery(document).ready(function () { mi.calltoActionCtrl.init(); }); Overland Park tied with Lakewood, Co., for the 11th rankingThe study found Overland Park had 29.58 percent millennial homeownership in 2007 and 31.43 percent in 2016. Erin Vader, a spokeswoman for the city of Olathe, said the city is pleased with this recognition, although she noted that countless rankings of cities are posted online, and the city is still trying to determine just how the numbers were crunched. “Certainly, it’s very exciting for the city that millennials are finding Olathe a desirable place to live,” Vader said“Our mission is to have a housing inventory that caters to up-and-coming millennials all the way to retirees.” SHARE COPY LINK More Videos the Schiff Memo"> 1:24 The Nunes Memo vsthe Schiff Memo Pause 3:49 Deregulation, tax cuts and state pensions topics of discussion at Lincoln Days 2:23 Blunt: 'I'd be fine to see whatever memo is out there' Roy Blunt won't speak for Missouri Attorney General Josh Hawley "> 1:19 U.SRoy Blunt won't speak for Missouri Attorney General Josh Hawley Greitens' two Facebook pages"> 1:42 GovGreitens' two Facebook pages 0:52 Melania Trump appears in Aflac commercial in 2005 1:41 Merriam school opens a doctor-staffed clinic 1:01 Colyer sworn in as 47th governor of Kansas 2:36 Ideas flow as citizens imagine Overland Park’s future 1:30 Listen to Missouri AG Josh Hawley criticize the 'sexual revolution' Video Link copy Embed Code copy Facebook Twitter Email wpsRequire([ 'legacy-video' ], function ( video ) { return video.play([{"id":"164920372","publication":"kansascity","brightcoveId":"","asset_type":"videoIngest","url":"http://www.kansascity.com/news/politics-government/article164920372.html","duration":"1:07","poster":"//www.kansascity.com/living/83fl5w-How-do-millennials-spend-their-money.mp4/alternates/LANDSCAPE_768/How%20do%20millennials%20spend%20their%20money.mp4","title":"How do millennials spend their money?","description":"How do millennials spend their money? 1:07","displayDescription":"As more millennials enter the workforce, they are also spending moreLearn more about how their spending habits compare with those of older generations.","videographer":"","credit":"New York Times","published":1501680893,"sources":[{"src":"//dr6lcqo3bxtwa.cloudfront.net/binary/2017/8/2/13/1437582013143-p5k4ma/How_do_millennials_spend_their_money-1501680890346.mp4","type":"video/mp4"},{"src":"//dr6lcqo3bxtwa.cloudfront.net/binary/2017/8/2/13/1437580321678-6bjrso/How_do_millennials_spend_their_money-1501680890815.mp4","type":"video/mp4"},{"src":"//dr6lcqo3bxtwa.cloudfront.net/binary/2017/8/2/13/art_164920372/How_do_millennials_spend_their_money.m3u8","type":"application/x-mpegURL"}],"ads":[{"publication":"kansascity","tag":"//pubads.g.doubleclick.net/gampad/ads?ciu_szs=300x250&correlator=%5Btimestamp%5D&cust_params=sect%3Dpolitics_government%26id%3D164920372%26eid%3D198528999%26vidlength%3Dlong%26pl%3D&env=vp&gdfp_req=1&hl=en&impl=s&iu=%2F7675%2FKCM.site_kansascity%2FNews%2FLocal%2FGovtPolitics&output=vast&sz=400x300&unviewed_position_start=1&url=%5Breferrer_url%5D&vidlength=long&vpos=preroll","lang":"en","sz":"400x300","vpos":"preroll","cust_params":"sect=politics_government&id=164920372&eid=198528999&vidlength=long&pl="}],"langCode":"en","brightcoveData":{"account":"","policyKey":"BCpkADawqM1lDGV6T5I5sBzceCTft1iD58oboWLx2ae7B4uS6OPlWNB6lYMuwL4VclR43ZaBEDuItG0o0U5Bgdfc4oFvvAITPpbRoLVF7N_uSvmFQX3FUKgt-DXsp9DHNfTQrQfb9iDsZR_S"}}], [{"id":"198595424","publication":"kansascity","brightcoveId":"","asset_type":"videoIngest","url":"http://www.kansascity.com/news/politics-government/national-politics/article198595424.html","duration":"1:24","poster":"//www.kansascity.com/news/politics-government/national-politics/wtfrnb-Memos.jpg/alternates/LANDSCAPE_768/Memos.jpg","title":"The Nunes Memo vsthe Schiff Memo","description":"The Nunes Memo vsthe Schiff Memo 1:24","displayDescription":"There are now two memos agitating WashingtonOne from Representative Devin Nunes and one from Representative Adam BSchiffFeeling confused? 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