...the short supply of homes drove prices upward 18% year-over-year, led by millennials who continue to comprise most of the homebuyer demand. Typical profit margins analyzed by ATTOM–the percent change...
Read More »Search Results for: millennials
Measuring the Fed’s Tapering Impacts on the Mortgage Market
...cooling of refinance demand. For purchase demand, context matters, and an improving economy and millennials aging into their prime home-buying years means the context remains good for the housing market.”...
Read More »When It’s Time to Take the Next Step, Step Carefully
...respondents said a company’s mission and culture were very important considerations when applying for jobs. Younger people were even more motivated by culture: the survey found that millennials are more...
Read More »Outlining the Future of California’s Real Estate Landscape
...note that millennials, particularly those who went to college and experienced dorm life and desired to maintain a sense of community, have gravitated toward tenancy in common (TIC) developments. “TICs...
Read More »Supply and Demand Instability Creating Barriers for Buyers
...summer, driving prices upward 18% year-over-year in September. On a month-over-month basis, home prices rose by 1.1%, compared to August 2021. The report found that millennials continue to comprise most...
Read More »When It Comes to Homebuying, There’s a Digital Generation Gap
...search for a house whether that’s before they ever speak to an agent, or to browse listing and agent recommends. Millennials have embraced the digital crossover in bigger numbers than...
Read More »Most Borrowers Want to Close In-Person
...house as a financial transaction that provides stability, millennials viewed purchasing a home as a way to meet the needs of their family and community. While boomers and millennials had...
Read More »Boomers Are Winning the Housing War
...shortage into relief sooner than we expected, as millennials sought bigger homes with Zoom rooms, and older Americans accelerated retirement plans, spurring moving decisions." Even as millennials are the biggest...
Read More »Leveraging Strategic Integrations
...were signed by millennials. In all, they made up 54% of all purchase applications. Exposing this segment of the market to the traditional lending process that’s changed little over the...
Read More »Putting Lending Under the Microscope
...to advise customers on loan products and to engage them in real-time and for efficient loan application and fulfillment. Today’s borrowers tend to be millennials or members of Gen X...
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