Millenials account for about 42% of all new home loans according to an article that appeared in Florida Realtors. This is a higher percentage than Baby Boomers and Generation X’ers. The median purchase price of homes by Millenials is $238,000, for Generation X’ers it is $289,000 and for Baby Boomers it is $264,000. The average down payment for Millenials is $8.8%, it is 11.9% for Generation X’ers and 17.27% for Baby Boomers.