...very normal or very low levels, so now growth became the path for housing. Two more years later, we saw the emergence of the early parts of the millennials, and...
Read More »Search Results for: millennials
Mortgage Rates Fall to 2.9%
...home price rises outpace the benefits of lower borrowing costs. Younger and first-time buyers, including younger millennials, are faced with the challenge of having sufficient savings for a down payment,...
Read More »Supply/Demand Imbalance Fuels Double-Digit Home Price Growth
...month of May, with the year-over-year increase in home prices at its highest level since 2005. While many millennials and Gen Z home buyers continue to move into the hot...
Read More »Keeping the American Dream Alive
...Sales, LenderClose. He added that the homeownership rate among Baby Boomers is in the 70-75% range, while for millennials, that rate is closer to 50%. Some have had to consider...
Read More »Factors Influencing Young Adults’ Saving and Buying Behaviors
Purchasing a home right now is challenging for first-timers, millennials, generation Zers, and most Americans. But for young adults who were able to maintain steady employment throughout the pandemic-related lockdowns...
Read More »New American Funding Announces Expansion
...Best Workplace for Women, and a Best Workplace for Millennials. "We feel the time is right to shift our expansion into overdrive," Ellsworth said. "This move will allow the company...
Read More »Millennials Have Delayed Homeownership, Still Drive the Market
...choices including homeownership, the economist says. "Millennials are the largest generation in U.S. history, and the majority turned 30 in 2020. Historically, millennials have delayed the critical lifestyle choices often...
Read More »Mortgage Rates Shift Gears
...own. For housing, the message is clear: with almost 75% of Gen Z members leaning toward buying a home long-term, in addition to the millions of millennials who are driving...
Read More »Additional Space Spurs Homebuying Decisions
...surge in refinances in 2020. The share of refis over the past year, according to the study, was led by Generation Z/Millennials with 45% of the share, followed by Generation...
Read More »Overcoming Housing’s Acute Inventory Shortage
...to our nation's economy, and our work to close this gap will be particularly impactful for lower-income households, households of color, and millennials." The full report is available on NAR.org....
Read More »