...long-term driver of homebuying demand, also pushed market potential upward. Millennials are the largest generation in U.S. history and the bulk of them are aging into their prime home-buying years...
Read More »Search Results for: millennials
Millennials, Gen Z Renters Hit Hardest by Inflation
...millennials, as older millennials have been playing financial catch-up since starting their careers during the Great Recession and younger ones are early in their careers with fewer savings and lower...
Read More »Homebound Young Adults Choosing to Pay Debts, Building Savings
...17% of older millennials (ages 35-41). Looking deeper, the younger age groups were found to be the most likely to move back out—14% of younger millennials have moved out, followed...
Read More »Homebuyers Compromise Priorities, Persevere Through Challenging Market
...their dream home —especially first-timers who accounted for 70% of buyers in 2021 and 2022. Of those shares, approximately 66% were millennials who were eager to own homes to raise...
Read More »Affordability Constraints Fueling Renovation Projects
...demographic of renovators was made up of Gen X and millennials, accounting for over 55% of all renovators in the survey. Top Reasons Why Homeowners Are Renovating Their Homes While...
Read More »Potential Home Sales Model Reports Slowing Sales
...adjustment to a not-so-new normal. Potential home buyers are facing greater economic uncertainty and mortgage rate volatility, but there remains a deep-seated desire for homeownership, especially among millennials.” The housing...
Read More »Where Are the Housing Market’s Hottest ZIP Codes?
...Aspiring millennial homeowners are financially prepared for success in the hottest ZIP codes Now aged between 25 and 44 years-old, millennials are a key cohort of aspiring homeowners, whether first-time...
Read More »Location, Location, Location: In Search of Affordability
...first-time home buyer, could afford 35% of the homes for sale nationally in April 2022, down from 54% a year earlier. Still, more-and-more millennials are aging into their prime homebuying...
Read More »Overcoming Affordability Issues With DPA Programs
...home. For example, Millennials may want to team up with their parents or siblings to buy a two-unit property. Combining two household incomes to purchase a property makes homeownership more...
Read More »Summer 2022 Examined: Top 20 Emerging Housing Markets
...forests and other outdoor destinations, all within a lower cost of living framework. For Gen X and millennials caring for children, many of the top markets benefit from a bevy...
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