...true for Millennials and first-time homebuyer demand as 57 percent of the title agents and real estate professionals surveyed agreed that Millennial first-time homebuyer demand will rise regardless of a...
Read More »Search Results for: millennials
Homebuyers Attracted to Faster and Simpler Mortgage Process
...process. Millennials (age 27-36) were the most likely generation of homebuyers to begin their mortgage application online and finish it with an in-person interaction with their lender (30 percent). Gen...
Read More »Borrowers Prefer to Mortgage Shop Close to Home
...total market share. Technology such as Quicken’s Rocket Mortgage makes it easy for groups such as millennials, who are otherwise not buying homes gain access to mortgages. Additionally, Wells Fargo’s...
Read More »Consumers Feel That Now is a Good Time to Buy Real Estate
...“The latest post-election surge in optimism puts the HPSI at its highest level since its starting point in 2011. Millennials showed especially strong increases in job confidence and income gains,...
Read More »More Homebuyers Are Living With Adult Children
On Tuesday, the National Association of Realtors released its 2017 Home Buyer and Seller Generational Trends study, showing generational differences of recent homebuyers and sellers, and how millennials (ages 26...
Read More »In Millennial Marketplace, Owners, Loans are on the Rise
...December, 82 percent of closed loans were for new home purchases, up from 77 percent from August to November. The hottest housing markets for millennials were in the Southeast. The...
Read More »Picturing the American Dream—Home Size Matters
...if they decided to move this year. A larger percentage of millennials would prefer to upgrade their home size rather than downsize—46 percent vs. 13 percent, to be exact. Americans...
Read More »Top 10 Best and Worst States for First-time Buyers
...large attractive to young millennials, they are the for first-time buyers to purchase in due to lack of affordability. On the other hand, the best locations for potential buyers to...
Read More »Insecurities Lie Within the Buying Process
...different experiences and emotions among millennials, Gen Xers, and Boomers when it comes to navigating the home-buying process. In fact, 11 percent of millennial homeowners said they no longer felt...
Read More »Credit Score is in the Eye of the Beholder
...difference of 8.1 percent, and 3.7 percent less average debt. Between generations, millennials (aged 18-34) are much more likely to believe that they have little credit, bad credit, or no...
Read More »