...fundamental problems with today’s housing market—especially with millennials, the biggest generation, now in their prime homebuying years,” Fairweather said. “Builders were hit hard by the housing crash—and home construction didn’t...
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Homeownership Rate Among Millennials Picking Up
...Younger Millennials (born 1986-1990): 25% Findings also revealed that as Millennials hit key milestones, their thinking on housing and insurance is different than those of generations past. Changing expectations Their...
Read More »Post-Pandemic AAPI Homebuying Skyrockets
...the months following the onset of the pandemic, all generations recovered, but millennials outpaced the older generations. Between August 2020 and December 2021, Asian American millennials sustained an average HSI...
Read More »Millennials Represent Largest Share of Adults Buying Homes
...would rather save less for a home than give up their self-care routines and luxuries, like shopping trips or getting a going out to dinner. Millennials are a driving force...
Read More »U.S. Renters Migrate Toward Feeder Cities
...leavers in 2021—and they were all millennials and Gen Zers, so the communities here can look forward to an increasingly youthful ambiance. The migration patterns of renters solely from out...
Read More »Sellers Should Start Preparing Their Homes for Sale Post Haste
...Millennials are moving on up, signaling more starter homes for first-time buyers As the oldest Millennials are now pushing 40-years-old, these homeowners play a key role in adding starter-home inventory...
Read More »Degree-Holders Make Up Majority of American Homeownership
...share belongs to highly educated people. With Millennials strengthening their status as a driving force during the last decade, the life priorities of this sensible generation are reflected in the...
Read More »Examining Homeownership Sentiments Across Generations
...survey respondents rating the difficulty of achieving homeownership at eight or higher, with Millennials having the most negative outlook. Few expect the situation to improve, with some 67% of Americans...
Read More »Complicated Markets Fuel Buyer Fatigue
...changing: Gen Z and millennials will play a big role in the housing market in 2022 32% plan to refinance this year (compared to 23% of Gen X and 9%...
Read More »Building a More Diverse Future
...culture. As a company, you need to make sure your goals coalesce with the loan officer’s goals. For example, millennials are driving today’s housing market, but to capture these borrowers—especially...
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