You have probably heard the term “house poor” used among new homeowners, particularly millennials, who make a good income, but spend most of it on housing. But have you heard...
Read More »Search Results for: millennials
‘House Hacking’: A Growing Trend Among Younger Homeowners
...in order to produce additional income. Diving a little bit deeper, the Zillow survey showed that most Millennials (55%) and Gen Z (51%) homeowners find it very or extremely important...
Read More »Study Finds Millennials, Gen Zers Taking Longer to Leave Home
...their parents at the same age as today's average millennials. Likewise, Zoomers also struggle: By 22 years old, an estimated 66% of millennials, 65% of Gen X, and 61% of...
Read More »New Home Construction Projected to Surge in 2024
...support local businesses. The carbon footprint of purchased home renovation and construction materials is especially influential among millennials and Gen Z. Renovation Trends Led by Efficiency and Space Optimization: Triangle...
Read More »Millennials: Who They Are and Where They’re Going
Millennials, or those born between 1981 and 1996, are well into their prime homebuying years and are beginning to settle in. But which states are best? Scholaroo, a college scholarship...
Read More »Nearly Half of All Americans Believe Now is a Bad Time to Buy
...Z (33%) and 40% of Millennials agree, compared to 53% of Gen X and 62% of Boomers. Those making less than $50,000 annually are less likely to agree (42%) than...
Read More »YoY, MoM Increases in Home Prices: Now at All-Time High
...starter tier price growth in markets like Miami, Pittsburgh and St. Louis suggests homeownership demand among millennials is far from dead." Click here to see the report in its entirety....
Read More »23-Year-High Mortgage Rates Further Suppress App Volume
...And as First American Deputy Chief Economist Odeta Kushi notes, “Lower builder sentiment is concerning because the U.S. housing market faces a structural housing shortage. Demographic tailwinds from millennials continuing...
Read More »What’s Stressing U.S. Homeowners Out?
...38% of Boomers know that a reverse mortgage can be used to pay off a mortgage, compared to 46% of men and 49% of Gen Z and Millennials. When combined...
Read More »Homeowners Reveal Frightening Facts as Halloween Approaches
...are more likely to believe they’ve lived in a haunted house if they already believe in the supernatural. Millennials are the most likely to believe in the paranormal. Consequently, they...
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