As First-Time Sellers, Millennials Want to Take the Money and Run

First-time buyers who came into the housing market after the recession now are becoming first-time sellers. And more of them are looking to cash out.

In a Redfin survey of more 1,700 home sellers in July, nearly 36 percent of millennials said a top reason for selling their house was to take a profit. Three in four of those young adults were first-time sellers.

More...