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As large cities like San Francisco, Los Angeles, Boston and New York have become extremely expensive, a growing trend in the real estate market today has been the migration of home buyers to medium-sized cities. A growing number of young people, families and Millennials are shunning the high cost of these metropolitan giants and instead relocating to smaller cities where there’s lots to do and they are considerably more affordable.

As the summer home buying season kicks off with Memorial Day Weekend, several reports from leaders in the real estate industry indicate the U.S. housing market should remain very strong this summer – and it will be Millennials and Baby Boomers leading the way.

Low Housing Inventory Means Now is the Right Time to Buy

Today, not several months down the road, is the ideal time to buy a home. Demand for houses is sky high, which is why AV Homes is busy constructing new homes in Central Florida. At AV Homes, we understand that a passionate desire for homeownership today is a nationwide trend. The U.S. Department of Housing and Urban Development just reported that housing starts rose 3 percent in February across the nation.

The spring housing season has started early this year, due to an increasingly strong demand for homes. With a soaring stock market, very low interest rates, and an improving economy, it’s no surprise that homebuyer demand was up 23 percent in January compared to January 2016, with an 18 percent increase in buyers making offers.