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.
Read More »Millennial Demand Forcing Rise in Home Prices
As the supply of available homes continues to shrink, home value growth is being seen in areas with the highest population of children.
Read More »On Average, Millennials Are Paying More for Starter Homes
Homeowners spent an average of five years in their first home, with millennials spending four, and paying higher prices for their first home.
Read More »Refinances, Renovations Expected to Increase in 2022
Some 72% of homeowners are considering renovations or upgrades to their home, and 37% are seeking to apply for home refinance. A new report digs into what generational cohorts are planning and prioritizing when it comes to housing.
Read More »Survey Finds Affordability to be Biggest Barrier to Homeownership
Re-issuing a survey first completed three years ago, PropertyShark, a property research firm for commercial and residential tracts, found that Millennials have become more pessimistic about their housing options than they were ...
Read More »How Do Millennials Use Home Equity?
Millennials typically forge their own path in life, bucking the trends and norms of their parents—and now that they are in the prime home-buying time of their lives, their views on ...
Read More »Additional Space Spurs Homebuying Decisions
A new ServiceLink report analyzed homebuying trends over the past year, finding that the desire for more space to work remotely was a primary driver for most seeking a new home.
Read More »Survey Finds Homes Are ‘Still Where the Heart Is’
Homes were always one’s safe haven, but a new Unison report finds they have become a place of greater emotional connection in a post-pandemic world.
Read More »Breaking Down Aspiring Homebuyers by Generation
The CoreLogic Loan Application Database shows there has recently been a net outward migration of homebuyers from the center of the Washington, D.C., metropolitan area to more affordable ...
Read More »Home Improvement Projects on the Rise
Owners in Generation X are willing to spend more on home renovations compared to any other generation at 72 percent—learn where HELOS and renovation loans stand among homeowner options to pay for these projects.
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