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Tag Archives: Baby Boomers

Baby Boomers, Millennials Lead the Nation in Solo Renting

A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.

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Home Improvement Projects Gain in Popularity

As mortgage rates remain historically high and the nation’s housing supply low, LendingTree has found that many homeowners are opting to tackle home improvement tasks, with nearly 70% having started or completed various projects over the past year.

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Millennials Remain Fundamental Drivers of Homeownership

While millennials prevail as the largest generation in U.S. history, a new study from First American revealed some 51% of them are homeowners. At age 41, the millennial homeownership rate is 62%, closely following Gen X at 64%, significantly narrowing the homeownership gap over the past decade.

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