Tag Archives: Gen X

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.

The sales numbers may not be where lenders would like to see them yet, but people do want to buy, according to new research, and Matthew Woodhouse of ServiceLink breaks down what homebuyers are saying, and what lenders can do to win their business.

While U.S. pandemic migration trends show no sign of reversing, Bank of America Institute's latest housing market report revealed home prices are slowing rapidly even in cities with large inflows of people.

A new report from Redfin also reveals that Gen Z took advantage of ultra-low pandemic-era interest rates to make their homeownership dreams come true.

Both home sellers and homebuyers continue to struggle to navigate the market, with a new seller survey from Realtor.com revealing that home prices are up 7.8% from last year.

The share of families living in apartments has reached the highest level in half a century, as a new RentCafe study shows more of those who could purchase a home are choosing instead to rent.

Most Americans over the age of 45 who already have a house do not intend to sell, a factor that will continue to exacerbate nationwide home inventory shortages.

The latest analysis from First American Financial revealed that millennials are the most educated generation in American history, with nearly 40% possessing a bachelor’s degree or more, as those with higher education remain more likely to obtain homeownership.

The percentage of adults who became homeowners by age 30 for millennials is under 30%, but for the first time, more than half of first-time buyers are millennials.

Homeowners spent an average of five years in their first home, with millennials spending four, and paying higher prices for their first home.