Wisconsin REALTORS® Association: Millennials Marrying Later

 insights logo

 
 
 
  1. Insights Home
  2. What REALTORS® Should Know
  3. By the Numbers
  4. Millennials Marrying Later

While Millennials are marrying later in life, they still aspire to marry and own homes 

Millennials Marrying Later

In 2015, the Millennial generation became the largest numerical segment of America's workforce. In 2016, they will become the largest percentage of the workforce. Although Millennials have been slow to enter the housing market, the National Association of REALTORS® indicates that 91 percent of Millennials report that they want to get married and own a home. As they do so — and many have already bought homes — they will become the largest generation of homebuyers in American history. In the first edition of the Insights report, professor Steve Malpezzi of the James A. Graaskamp Center for Real Estate at the Wisconsin School of Business provides information and insights about your future customers. 

Marital status ages 18-29

Millennials are less than half as likely as their parents to be married by age 29. While more young adults exist today — with 60 million in 2007 and now 63 million today — the number of young adult households has not budged, holding steady at about 25 million.Marital Status 18-29 Source: Pew Research Center  

 

Share of population that has yet to marry

Recent research by Richard Green and Hyojung Lee indicates that after controlling for other determinants of homeownership like income and age, the difference between married and unmarried homeownership rates averages 22 percentage points. Along with age, marriage is one of the strongest correlators of homeownership, and Millennials have not been getting married as much as previous generations so far. Even though marriage rates have declined over time, surveys suggest that marriage remains an aspiration for many Millennials. While they typically rank marriage somewhat lower in importance than previous generations, 70 percent of unmarried Millennials want to marry someday, and 74 percent of those without children want children eventually. The big question, then, is how much of this decline in marriage is a fundamental shift? Surely some of the decline is due to a fundamental shift since marriage rates have been declining steadily among several generations — and how much is a question of timing. Share of Population That Has Ever Been Married Source: Federal Reserve Bank of St. Louis
 
Copyright 1998 - 2025 Wisconsin REALTORS® Association. All rights reserved.

Privacy Policy   |   Terms of Use   |   Accessibility   |   Real Estate Continuing Education 

WRA Class Rules and Cancellation Policy

WRA classroom policy

  • Check-in opens 30 minutes before class (may vary depending on location).
  • Late students are not allowed into class.

WRA cancellation and refund policy

Virtual/live classes 

  • The WRA reserves the right to cancel the course or event if not filled. Should a course be cancelled, registration fees will be refunded in full.
  • Student cancellations must be in writing prior to the start of the course or event and will be refunded minus a $25 cancellation fee. Some conferences and conventions have additional cancellation and refund restrictions.
  • Registrations cannot be transferred between students or attendees. 
  • Sales pre-license attendance policy: Attendance is mandatory. Missed hours must be made up and cannot be made up until conclusion of the classroom portion of the course. All make-ups must be completed within seven days after the conclusion of the classroom portion of the course. An individual will not receive a certificate of completion for the course until missed hours are completed. An absence of more than two days will result in termination of enrollment in the course with an option to attend the course at a later date or transfer to a distance learning format, which may involve a transfer fee. If absence results in termination of enrollment, no refund will be issued. 
Distance learning programs
  • Sales and broker pre-license students have six months from the date of registration to complete the course.
  • Student cancellations for distance learning programs must be in writing within two weeks of registration and prior to accessing the course work. Students will be refunded minus a $25 cancellation fee.
  • Course materials must be returned at a student’s expense and in reusable and resalable condition. The request for cancellation will not be processed until materials have been received by the WRA.
  • Registrations cannot be transferred between students.

Other WRA products and publications

  • WRA products and publications must be returned at student’s expense within two weeks of purchase. Refunds will not be processed until materials have been received by the WRA in reusable and resalable condition. 

 Technical colleges

  • Returns may be made for a 100 percent credit if made within 30 days of purchase. There will be a 15 percent restocking fee on returns made after 30 days but before 60 days from the date of purchase. No credit will be given on orders 60 days or older or on outdated materials. Technical colleges will be notified of pending publication changes 60 days prior to publication. All products must be returned in reusable condition. 
Special events (WRA Annual Convention, REALTOR® & Government Day, etc.):
  • Special events including the ones listed above may have additional cancellation restrictions. Consult event details on event webpage(s) for policy information. 

Extension policy

  • If additional time is needed to complete a pre-license course, WRA students can purchase a 30-day extension for $30. Pre-license extensions are available for students up to 6 months from expiration date, and multiple 30-day extensions are permitted. 

The WRA reserves the right to revise these policies at any time without prior notice. 

View Terms and Conditions 

Continue

Shopping Cart

There are currently no items in your shopping cart.
 Check Out

Exhibitor Information