CoreLogic will release its Home Price Insights Report on Tuesday, June 4, after April’s Case-Shiller home price index concluded that home prices rose 3.7% year-over-year in March. March’s increase is...
Read More »Search Results for: millennials
What’s Stopping Homebuyers From Making a Purchase?
...with 50% of millennials actively looking to buy a home. Baby Boomers have the lowest share of people actively searching for a home at 41%. Potential buyers within Gen X...
Read More »Buyers’ Remorse: Breaking Down Homeowner Regrets
...more debt affecting their credit scores, and therefore their interest rates. Many millennials are turning 34, the median age of first home purchases, and Zillow states that for these potential...
Read More »Debt and Its Impact on Homeownership
...monthly payment was the biggest barrier and 35% said it was the down payment. While it is being reported millennials (age 22-37) are becoming more focused on homeownership, 39% said...
Read More »Millennials Prioritizing Homeownership Over Marriage
Many millennials are focusing on homeownership before marriage, according to the results of a survey from SunTrust. The survey reveals that, among more than 2,000 U.S. adults, nearly half of...
Read More »Who’s the Most Frugal Homebuyer of Them All?
...by $35,000, while 27% of baby boomers went over budget by $25,000. Comparatively, while more millennials went over budget, they spent significantly lesser than last year. While 46% of millennials...
Read More »How First-Time Buyers Drive the Mortgage Market
...the generations before, the millennials’ propensity to buy and own a home naturally increases as they come of age. The sharp increase in homeownership rate means that many millennials have...
Read More »Downward Trend for Potential Homebuyers
...adults planning to buy a home peaked at 24% in Q4 2017. Age and the intention to buy are closely related, the report states, finding that, while 20% of millennials...
Read More »Homeowners’ Regret—How Many Would Return to Rental?
...Young homebuyers report the highest dissatisfaction with homeownership. LendingTree reports that 23% of Gen X homeowners and 21% of millennials are dissatisfied with their home, compared to 4% of baby...
Read More »First-Time Buyer Affordability Misconceptions
...First-Time Home Buyer Affordability Is Wrong,” less than half of the markets studies were deemed “affordable.” “As millennials continue to age into their prime home-buying years, first-time home buyer demand...
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