...inch closer to balancing inventory with demand," Fleming said. "But with millennials entering household formation age and baby boomers living longer and more independently, builders will remain under pressure to...
Read More »Search Results for: baby boomers
The Next Gap in Housing: Homebuyer Knowledge
...Mortgage Bankers Association expects interest to top out at 4.6 percent. Almost three-quarters of millennials are concerned over higher interest rates, while a third of baby boomers are, according to...
Read More »Worries Over Interest Rates and Supply Have Industry on Alert
...driver of industry conditions over the short- and long-term as millennials entering the housing market and downsizing baby boomers compete for the same smaller homes and rentals,” Moody’s reported. Amid...
Read More »The Best States for Millennials to Live
...the report. “By one estimate, millennials today earn 20 percent less than Baby Boomers did at the same age.” That makes D.C. a little more of a question mark if...
Read More »Breaking Down Aspiring Homebuyers by Generation
...Generation X represented the largest share at 41 percent, followed by millennials, baby boomers, and the 'silent' generation at 38 percent, 19 percent, and 2 percent, respectively. (Pew Research Center...
Read More »The Mortgage Makeover
...the debt. Also, there are asset dissipation loans for the rising number of baby boomers in their retirement stage. These individuals may have significant personal assets, but they do not...
Read More »The Homebuying Habits Across Generations
...process of searching for a home, millennials and baby boomers lean more on their agent than digital platforms. This, according to a survey on homebuyer behavior by Owners.com that studied...
Read More »The Benefits of a True Digital Mortgage
...Gen Xers, and baby boomers and found that across generations and genders, homebuyers want a mortgage experience that combines speed, convenience, and security with personal interaction. When millennials were asked...
Read More »Collingwood’s Tim Rood: Evolving Housing to the Next Level
...despite some of the demographic realities in our country in terms of baby boomers aging, their desire to age in place, and the sad reality that too many of them...
Read More »New York Homeowners Exceed Their Initial Housing Budget
...millennials, 30 percent Gen Xers, and 19 percent were baby boomers. “Younger New Yorkers, many of whom came to New York City to take advantage of the career opportunities it...
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