...more than 50% of the millennials polled said they were stressed and anxious about the prospect of homeownership—with nearly half fearing hidden costs could derail their finances. “If millennials are...
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The Pandemic Has Homeowners Reevaluating Their Spaces
...plans—72% of those who responded who intended to buy in the near future have had to put their plans on hold. But Gen Z and millennials cite the pandemic as...
Read More »What Might Widespread Vaccination Mean for Housing’s Supply Shortage?
...the unrelenting demand is both demographic dynamics (that would be happening regardless of COVID-19) and pandemic-related factors, according to Zillow's research team. "Millennials—often considered the largest generational group in the...
Read More »Rates, Supply Shortage Drives Home-Price Surge
...severe undersupply of for-sale homes. "[Those] two factors that may take a turn this year and relieve some of the price pressure. But, demand from millennials and existing owners, who...
Read More »Housing Market Potential Positioned for Growth
...represents a 77.1% increase from the market potential low point reached in February 1993. Contributing factors include mortgage rates (which will remain close to 3%), millennials forming households, and more...
Read More »The ‘Seasonal Lull’ of Housing Starts is Here
...overall market. "Mortgage rates are expected to remain low and millennials will continue to age into their prime homebuying years. Finally, the other half of the equation, supply, is beginning...
Read More »Can Homeowners Afford Repairs, Remodeling?
...decrease their savings by 44%," the researchers noted. Millennials are struggling more than other generations in regard to savings and the potential need for home repairs. "They were the only...
Read More »Love, Marriage, and Money: Gen Y, Z Saving Habits
A new study explores the saving and credit-care habits of Millennials and Gen Z consumers, couples, in particular. Among other things, the study by LendingTree found that Millennials and Gen...
Read More »Millennial Homeownership Trails Older GenerationsÂ
...of gen Xers closed on real estate. But millennials are hovering at 42%, and that number is likely to drop even further. Each year, more and more millennials report that...
Read More »Millennials Dominate Refinancing Frenzy
...groups: older millennials, which are between 30 and 40 years old, and younger millennials, those between 21 and 29 years old. Refinancing for older millennials jumped to 53% in...
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