...times their annual income, now they are buying homes that cost 2.6 times their annual income. Part of that can be attributed to the housing markets where millennials are moving:...
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Origination Credit Quality Lowers Mortgage Delinquency Rates
...in delinquent mortgages was the 30 and under group, or the "millennials," who experienced a drop from 2.32 percent in Q2 2014 down to 1.7 percent in Q2 2015, TransUnion...
Read More »Housing Markets Heat Up as Greater Affordability Fuels Demand
...23 percent. Additionally, unemployment rates in these metros have dropped five times faster than other metros in the country in just the last year. Millennials also have some favorable options...
Read More »Survey Finds Majority of Millennials Intend to Buy a Home in 2018
While a large portion of millennials want to purchase a home, many are just not ready to take that step. According to research from Trulia released Wednesday, only a small...
Read More »Mississippi Ranked Among Best States to Get a Mortgage; New York Ranked Among Worst
...the state's low home costs making homeownership accessible to millennials. 3. Ohio Ohio came in at number three thanks to favorable 15-year and 30-year mortgage rates. The average 3.757 percent...
Read More »Single-Family Building Permits Climb Higher in June; Starts & Completions Lower
...will be more inventory coming on, but today’s strong increase of 22 percent suggest completions are coming on healthy.” Hepp also mentioned that millennials will keep demand constant in the...
Read More »Report Says More Millennials Value Homeownership Over Conveniences
More millennials are valuing homeownership these days and trying harder to gather the funds to buy a home of their own, as a recent survey conducted by Washington, D.C.-based business...
Read More »Research Finds that Student Loans Hinder Millennials From Saving for a Home
...in second with down payment savings occurring in 5.3 years for millennials with a degree and 5.9 years with no degree. Finishing out the top three, Dayton, Ohio allows millennials...
Read More »Millennials Favor Single-Family Homes when Establishing Households
...Millennials have become the dominant demographic in the sales market, but they also find that the large majority of Millennials are purchasing single-family homes.” Fannie Mae believes that the rising...
Read More »Report Finds Supply & Demand Growth is Driving Housing Market to New Highs
...which are millennials. According to a recent survey of site visitors recorded in June by realtor.com, 65 percent of older millennials (ages 25-34) say they intend to purchase a home...
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