Millennial’s interest, or lack of interest, in home ownership has been a source of angst for the mortgage industry. Hard data on the subject has been relatively scarce, though that’s changing.

For instance, according to a Lending Tree survey, Millennials in Salt Lake City, Minneapolis and Pittsburgh were more likely to be pursuing homeownership than in the other 50 largest metropolitan areas of the U.S., and 25 percent of mortgage purchase requests between Jan. 1, 2018 and Nov. 25, 2018. came from millennials.

Key findings from the Lending Tree survey are as follows:

• Salt Lake City, Minneapolis and Pittsburgh are the metros where millennials are making up the largest percentage of purchase requests. In Salt Lake City, a majority of the total purchase requests in the area, 51 percent, come from millennials. In Minneapolis and Pittsburgh, 48 percent come from millennials.
• In Tampa, Fla., Las Vegas and Miami, millennials are making the least purchase requests. Only 30 percent of purchase requests came from people under 35 in Tampa.

--That number was only slightly higher in Las Vegas and Miami, where 31 percent and 32 percent of purchase requests came from those under 35.

• San Francisco, San Jose, Calif. and New York are where millennials wait the longest to buy homes, with an average age of 29.6 years old. This compares with an average of 28.7 years old across the remaining 47 largest metros in the U.S.
• Salt Lake City, Louisville, Ky. and Cincinnati are the metros with the lowest average age of buyers under 35. In each of these areas, the average age for potential millennial homebuyers is around 28 years old.
• San Jose, Calif., San Francisco and New York are the places where millennials had the highest average credit scores. In each of these areas, the average millennial homebuyer had a credit score higher than 704. By comparison, the average credit score for millennial homebuyers across the 50 largest MSAs in the country was 656.
• Memphis, Tenn., Birmingham, Ala. and New Orleans are where millennials had the lowest average credit scores. Credit scores in these three areas were 622, 629 and 634 respectively.

Most popular cities among millennial homebuyers include:

Salt Lake City
Share of Purchase Mortgage Requests Coming from Millennials: 51%
Average Requested Loan Amount: $234,391

Minneapolis
Share of Purchase Mortgage Requests Coming from Millennials: 48%
Average Requested Loan Amount: $200,930

Pittsburgh
Share of Purchase Mortgage Requests Coming from Millennials: 48%
Average Requested Loan Amount: $128,316

Least popular cities among millennial homebuyers include:

Tampa, Fla.
Share of Purchase Mortgage Requests Coming from Millennials: 30%
Average Requested Loan Amount: $174,301

Las Vegas
Share of Purchase Mortgage Requests Coming from Millennials: 31%
Average Requested Loan Amount: $224,736

Miami
Share of Purchase Mortgage Requests Coming from Millennials: 32%
Average Requested Loan Amount: $225,536