...fueling demand, that is, millennials and still-low mortgage interest rates. "Housing market potential remains near the 13-year high point, but the severely limited supply of homes for sale and an...
Read More »Search Results for: millennials
Mortgage Credit Availability Increases
...a year. As we look ahead to the expected growth in the purchase market, which will be driven by millennials and first-time home buyers, credit availability to qualified borrowers will...
Read More »Where First-Home Seekers Stand the Best Chance
...largest new homebuying generation, millennials. "For a first-time home buyer in this generation, the issue of affordability is front and center, and that’s especially true for many millennials who moved...
Read More »Millennials Refinancing at a Record Clip
...accounted for 32% of loans closed by younger millennials–a significant jump since ICE Mortgage Technology began tracking the age groups separately in January of 2020. However, older millennials (born between...
Read More »Homing in on a Holistic Mortgage Experience
...(FIs) to innovate and consider ways to improve communication, e-delivery, and social media use to appeal to an ever-growing market segment, the millennials. As technology continues to advance, we will...
Read More »Senior Housing Wealth Surpasses Record $8 Trillion Mark
...all-time lows at the end of December—helped carry the strong momentum, but also amplified demand from millennials and those seeking second homes,” said CoreLogic Deputy Chief Economist Selma Hepp. “Additionally,...
Read More »Industry to Adapt, Focus, and Change in 2021
...the biggest group of millennials is rapidly approaching that age. Low interest rates improve affordability, and in more than half the markets around the country, it’s more economically efficient to...
Read More »Home Prices Continue Upward Acceleration
...but also amplified demand from millennials and those seeking second homes. Additionally, housing inventories are not showing any signs of improvement. In fact, data shows they are reaching historical troughs,...
Read More »Survey Finds Homes Are ‘Still Where the Heart Is’
...51% calling it a "key part of their life"—a significant increase compared to before the pandemic when 58% of homeowners had an emotional attachment to their home. Millennials were more...
Read More »The ‘American Dream’ Is Motivating Millennials
...motivating factors. A survey by Realtor.com found the desire to achieve the American Dream to be the No. 1 reason why millennials, 59% of respondents want to buy a home....
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