...Millennial population growth between 2016 and 2020 Proportion of Millennials in the overall population in 2020 Regional price parity Median Millennial household earnings Unemployment rate Percentage of Millennials with employer-based...
Read More »Search Results for: millennials
Retirement-Aged Homeowners Least Likely to Utilize Equity
...HELOC Familiarity: 63% of Gen Z/Millennials; 60% of Gen X; 58% of Boomers: 57% of Silent Gen HECM Familiarity: 59% of Gen Z/Millennials; 46% of Gen X; 37% of Boomers;...
Read More »Number of Renters in Live-Work-Play Units Quadruples Over Past Decade
...Census data reported zip codes with live-work-play buildings are home to high shares of Millennials, who account for an average of 40% of the area’s population. With the majority of...
Read More »Generation Gap: How Americans’ Preferred Housing Styles Vary by Age
...Baby boomer and Gen X respondents tend to prefer the craftsman style, while millennials lean toward contemporary and Gen Z favors the cottage. The Least Popular House Styles in the...
Read More »Mortgage Tech Update: Part I
...going fully digital. Jim Paolino: I don’t believe we’ll ever achieve a mortgage process that’s “human-free.” And I don’t believe that we would want to. What homebuyers—especially millennials—really want is...
Read More »Overcoming the Barriers to Homeownership
...people were able to take advantage of historically low interest rates to purchase homes or refinance their mortgages, skyrocketing home prices and other ongoing challenges made it harder for millennials...
Read More »Will 2022 Break as Many Housing Records as 2021?
...strong throughout the pandemic which was one reason the market saw a sharp rise in housing costs starting last year. Millennials, with the oldest among them now entering their prime...
Read More »Average New Home Size Drops to 2,480-Square Feet
...they are willing to compromise. But the high cost of homeownership in cities is leaving out an untold number of potential homeowners, especially Millennials, from achieving the American Dream. According...
Read More »Playing the Waiting Game
...for First American Financial Corporation, Kushi prepares analysis, commentary, and forecasts on trends in the real estate and mortgage markets. She conducts research around demographic trends, millennials, and homeownership, and...
Read More »Owners See Wisdom in Renovating Existing Properties
...better fits their needs. 48% of homeowners have renovation or upgrade plans this spring or summer, while 34% say they’re considering it. Millennials (60%) and Midwesterners (55%) are most likely...
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