The rising volume of existing home sales doesn’t appear to be going anywhere thanks to record low mortgage rates and demand fueled by millennials hitting the age of homeownership, according...
Read More »Search Results for: millennials
Experts React to Housing Starts Report
...low mortgage rates and a desire (especially among Millennials) to migrate to the suburbs from the cities. In order to try to meet rising demand, builders have ramped up efforts....
Read More »The Resilience of Hispanic Homebuyers
...which was 722 in 2018, remember, Hispanics are younger than the general U.S. population. When looking at the credit scores of young millennials overall (678) and older millennials overall (688),...
Read More »Home Prices Could Dip for First Time in Years
...than nine years. “Mortgage rates hit record lows this spring, which enhanced affordability for home buyers,” said Dr. Frank Nothaft, Chief Economist at CoreLogic. “First-time buyers, and millennials in particular,...
Read More »Millennials Leading Homebuying ‘Boom’
...homebuying process for the first time.” Ellie Mae’s Millennial Tracker divides millennials into two groups: older millennials —borrowers between 30 and 40 years old, and younger millennials—borrowers between 21 and...
Read More »Strong June Home Prices Followed by Decline
Despite an anticipated nationwide cool-down over the coming year, Americans—especially millennials—maintain substantial interest in purchasing a home, a new report shows. The housing market looks resilient, shows signs of a...
Read More »What’s Stressing Out Home Sellers?
...had proven much more costly than they had expected. When further broken down into age group delineations, 51% of millennials strongly agreed that costs were far above what they anticipated,...
Read More »Numbers of Prospective Homebuyers on the Upswing
...in the homebuying process, up from a 41% share one year earlier. Among the millennials within the respondent base, 57% said they were already actively searching for a home. In...
Read More »Effective Strategies for Producing Fast, Accurate High-Quality Loans
With national mortgage rates at historic lows and homeownership demands rising among millennials, there is speculation that we could be looking at another "Roaring 20’s scenario" when the coronavirus pandemic...
Read More »The Imbalance Between Housing Supply, Demand
...Demographic demand from millennials aging into their prime homeownership years continues to benefit housing as well. Both of these dynamics help boost demand.” The resiliency of housing amid the devastation...
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