...consumers opened their first-ever line of credit in 2021, made up largely of the Gen Z generation at 59%, followed by Millennials at 21%, Gex X at 12%, followed by...
Read More »Search Results for: millennials
Potential Homebuyers Opting to Rent Rather Than Buy
...comfortable. Data also showed that it seems that being financially comfortable is a Millennial trait, with this demographic making up a majority (28%) of millionaire renters. For many Millennials of...
Read More »Household Growth Driven by Millennials in 2022
...of the acceleration in household growth was driven by a pickup in growth among millennials, continuing a longer-term trend that has been building since 2016. Indeed, while the number of...
Read More »Inflation Impacting Millennial Homebuying Plans Nationwide
Debt and inflation are unrelenting barriers to the dream of homeownership for millennials, according to a new survey from Real Estate Witch. Clever polled 1,000 millennials looking to buy a...
Read More »Study Finds Buyers Satisfied With Home Purchases Post-Pandemic
...their purchase. By comparison, 81% of millennials ages 26 to 41 and 80% of Gen Xers ages 42 to 56 and Gen Zers ages 18 to 25 say they have...
Read More »Homebuyers Expand Their Options With Rent-to-Own Homes
Javelin Strategy & Research’s newest report, Mortgage Pandemic or Just the Sniffles: Fast-Track Cures and Long-Haul Boosters, reveals that 55% of Gen Zers and 37% of millennials would consider rent-to-own...
Read More »On the Move: Where and Why Americans Moved in 2022
...of migration to the Northeast, which has not been typical. We're also seeing younger Millennials migrating to vibrant, metropolitan economies, like Washington, D.C. and Portland, Oregon." Additionally, Delaware, North Carolina...
Read More »Navigating Stormy Seas
...for First American Financial Corporation, Odeta Kushi prepares analysis, commentary, and forecasts on trends in the real estate and mortgage markets. She conducts research around demographic trends, millennials, and homeownership....
Read More »How Many Renters Are Renewing Their Leases?
...— including the lack of state income tax, business-friendly climate and booming tech scene — attracted droves of Millennials and even Gen Zers looking to work and live in the...
Read More »Survey: Housing Market Collapse Imminent?
...those believe the next downturn will be as bad or worse than the 2008 housing market collapse. At 44%, millennials were most concerned over a potential housing crash. This is...
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