...overall mortgage lending process. Of millennial homebuyers, 59% are receiving help with a mortgage down payment. “The large share of millennials receiving down payment help highlights the importance of intergenerational...

...millennials who are aging into homebuying. The pandemic and the desire for more space has accelerated this lifestyle decision. All components of the index reached new highs in September. Of...

...on mortgage professionals to “help them understand homeownership and how to get into homeownership.” She also cautioned the conference audience that millennials have different communication traits and expectations from previous...

...would be now be able to move elsewhere in the country and purchase an affordable starter home. These renter households represent 4.5% of the current rental housing population. Millennials could...

...highest share of single female homebuyers, at 22%. NAR also found the median age of single women buyers to be 54. Single female millennials are not front and center in...

...Angeles. Although it attracts well-educated, high-earning millennials from other states as well as foreigners, California might see these higher-earning transplants leaving after a few years, he added. Although there has...

...4.9%, Chicago, 43.1%; and Dallas/Fort Worth, 26.2%. Squared off the list was, Philadelphia, 24.0%. In fact, in light of records low mortgage rates and demand driven by millennials hitting the...

Findings from the most recent Ellie Mae Millennial Tracker have just been published, and it appears that the millennials are on the move, literally. Specifically, the report reveals that even...

...home into the dream abode they desire. According to the survey, millennials especially are jumping on board, as it was revealed that 75% of millennial homeowners (those aged 24-39) are...

...highly stressful, especially during these unprecedented times. Especially stressed out by this home buying journey are millennials, who answered the survey not holding back about their emotional states while navigating...