The incredible increase in demand for homes in 2020, something prompted by a combination of record-low mortgage rates and millennials aging into homeownership, against a very limited supply of homes...
Read More »Search Results for: millennials
Pandemic Threatening the Financial Future of Seniors
...Seller Generational Trends report, found that seniors are joining forces with millennials in the purchase of multigenerational home–a home that will house adult siblings, adult children, parents, or grandparents. “In...
Read More »How Much Would Shoppers Pay for ‘Lucky’ Home?
...generation, younger adults are more likely to decide against buying a home because of luck or superstition. Of Gen Z, 55%, and 50% of millennials, have avoided a particular property...
Read More »Share of Millennial Homebuyers Grows Steadily
...comprise the largest share of buyers since NAR's 2014 report. The most recent data shows that 82% of younger millennials and 48% of older millennials were first-time homebuyers, more than...
Read More »Consumer Confidence Grows in Home-Shopping Tech Tools
...own time. While millennials are currently the largest adopters of this real estate technology, Gen Z is close behind, with 36% of millennials stating that they would be comfortable buying...
Read More »Mortgage Credit Availability Remains at Record-Low Levels
...of factors for first-time homebuyers, the top factor being affordability. "Expected home sales growth this year is still likely to be driven by first-time buyers, spurred by millennials reaching peak...
Read More »The Most Popular Locales for Gen Xers
Millennials are the largest generational group of homebuyers in America, and the number of studies on that demographic's dwelling, migration, and buying habits abound, but what about the second-largest—many of...
Read More »Homebuying Becoming More Cost-Effective Over Renting
...for the millions of millennials who are approaching peak homebuying age and may be considering shopping for a home this spring. With interest rates expected to rise over the coming...
Read More »Digitized Shouldn’t Mean DehumanizedÂ
...Although consumers, especially Millennials like me, do indeed desire a more efficient experience, they still prefer a trusted advisor over an FAQ or entry-level associate if, and when, they have...
Read More »Americans Want Relatives to Live Close By, Within Reason
...while they miss their family, they don't think they could live with them, or live too close. Generation Z (43%), millennials (49%), and Gen Xers (48%) are more likely than...
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