...to move away from crowded (and virus prone) city centers and into the suburbs and beyond, seeking lower mortgage payments, larger housing, and a slower pace of life. “As millennials...
Read More »Search Results for: millennials
Listing Prices Grow at Double-Digit Annual Pace Nationwide
...to inventory's forecasted recovery from 2021 lows. However, with 5.8 million new homes missing from the market and millions of millennials at first-time buying ages, housing supply faces a long...
Read More »Affordability Remains Greatest Obstacle for Millennials
...36. In other research, CoreLogic also found millennials made up 67% of first-time home purchase applications last year. But despite the hand of cards that millennials have been dealt, they...
Read More »As the Pandemic Wanes, Remote Work Will Remain Popular
...and predicts long-term trends, housing demand will remain strong throughout 2022, supported by a wave of Millennials who are entering their prime homebuying years, strong Wage growth, and the persistence...
Read More »Big Tech Cities Dominate January’s Top Rental Markets
...expensive big tech cities, including first-time buyers like millennials. Now that downtown offices are reopening, workers with continued flexibility could be facing relatively less competition in the top markets that...
Read More »Florida Metros Show Lowest Percentage of Millennial Buyers
...score among millennials: 712 Average down payment amount among millennials: $34,475 3) Tampa, Florida Share of mortgages offered to millennials: 46.88% Average millennial age: 32.50 Average credit score among millennials:...
Read More »Mortgage Rates Jump After Three-Week Lull
...research, the shortage of new homes accelerated in 2021, passing 5.8 million at the end of the year. With millennials and Gen Z forming households at faster rates, new home...
Read More »New Year, New Paradigms
...relying less on traditional real estate agents to sell their home, sellers can streamline the process and help to lead the market out of its current low-inventory status. While millennials...
Read More »Millennial Demand Forcing Rise in Home Prices
...growing faster than homes elsewhere due to demand from millennials looking for homes that meet the needs of their growing families. "As millennials go, so goes the housing market, and...
Read More »Built-to-Rent Homes Projected to Hit Record High in 2022
...As a result, everyone is interested, according to Shannon Hersker with Walker & Dunlop: “There is a misconception that the majority of renters are Millennials when, in reality, you have...
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