...to homebuying. Millennials want flexibility, smart technology, and environmentally friendly choices. What does a post-pandemic real estate finance market look like? Springer: Rates are forecasted to rise, and millennials are...
Read More »Search Results for: millennials
Home Prices Grow 17.2% YoY
...affordability is quickly becoming a major barrier to potential homeowners, especially millennials. "For most young adults, buying a home is an increasingly unattainable goal," said Nigel Wilson, Chief Executive at...
Read More »Homebuyers Concerned, Not Deterred
...each quarter hitting 64% this past quarter. The share of millennials planning a home purchase jumped from 19% to 29% in Q221. Among Gen Z buyers, it rose from 14%...
Read More »LO Commissions Down in Q2
...low rates, flex work opportunities, and millennials moving out of their parents’ homes. If the macroeconomic environment stays strong for the second half of 2021, LOs could have another banner...
Read More »Barriers to Millennial Homeownership Mounting
While the coronavirus pandemic thwarted homeownership plans for many young adults, a study published last week showed that it was just one of many factors causing millennials, the housing market's...
Read More »The Gradual Shift to Digital Mortgages
...on their decision to use digital channels. “As millennials start to buy more homes, they may be more willing to allow lenders to access their records electronically, since many younger...
Read More »Mortgage Rates Slide for the Third Consecutive Week
...below the 3% mark, millennials, those born between 1980-1999, are driving purchase activity, with the percentage of purchase activity increasing for the third consecutive month, according to the ICE Mortgage...
Read More »Purchase and Refi Apps Bounce Back
...after bidding war. Millennials are continuing to drive the market, as the percentage of purchase activity to total closed loans among applicants born 1980-1999 increased for the third consecutive month,...
Read More »Millennials Drive Competitive Purchase Market
...accounted for 82% of loans closed by younger millennials (born between 1991 and 1999), up from 78% in April. For older millennials (millennials born between 1980 and 1990) purchases accounted...
Read More »Expert Insights: SitusAMC’s Peter Muoio
...cities is millennials. Generally speaking, younger people are more interested in culture and the city lifestyle than starting a family. However, as they began to marry and have children, being...
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