Even considering rampant inflation and high mortgage rates, the idea of owning a home and achieving the American Dream remains a primary goal for large swaths of the population, according to a survey from Falls & Co.
Read More »Generation Z Feeling Crunch of Affordability Concerns
“The worsening housing affordability crisis has an outsized impact on Gen Zers and millennials because they’re much less likely to own a home than older generations,” said Redfin Chief Economist Daryl Fairweather.
Read More »High Rates Leave Homebuyers With Questions on Affordability
“It's crucial, especially in higher-rate environments, for Americans to talk to a mortgage advisor who can help prepare buyers for the homebuying process, work to determine how much a person can afford and clear up the misconceptions about the many paths to homeownership that exist," said Thomas Parrish, Head of U.S. Retail Lending Product Management at BMO.
Read More »Affordability Remains Greatest Obstacle for Millennials
Weathering the pandemic, Millennials are finding ways to get into the real estate market despite inventory and affordability constraints.
Read More »Which Markets Are Attracting Younger Homeowners?
Millennials are beginning to dominate the housing market, and a new list details the youngest markets and how much it costs to live in each of them.
Read More »Younger Generation Expected to be Hit Hardest by Recession
A new report from The Atlantic states that while inverted yield curves, economic downturns, and slowing growth will impact everyone, it will be the millennials that will be ...
Read More »Cheaper the Home Faster the Price Rises
For the past five years, home price appreciation has been most acute at the lower end of the market.
Read More »Millennials Are Being Savvy About Refinancing
Millennials are a lot sharper in their approach to using their money than some might think. It turns out younger borrowers know how, and when, to refinance.
Read More »St. Louis, Milwaukee Top Millennial Housing Lists
According to recent data, St. Louis is the ideal spot for millennial homebuyers, boasting a short commute time and good local schools. Parts of West Palm Beach, Florida, and Pittsburgh, Pennsylvania, took the No. 2 and 3 spots, while Milwaukee was deemed the best place for millennial renters.
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