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Tag Archives: Baby Boomers

Fewer Renters Planning to Buy a Home

Amid heightened concern for housing affordability and overall rental satisfaction, renting has become increasingly favored among some segments of the population in the United States. Among renters, 67 percent say they believe renting is currently more affordable than owning a ...

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How Homebuying Millennials Must Adapt

By Scott Morgan According to a new survey by Realtor.com, millennial buyers are, more than older buyers, having to adjust what they're looking for in a home. The report states that crushing student debt and smaller down payments are combining to ...

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Millennials Spend Nearly $100,000 on Rent by Age 30

Forty-five percent. That’s the percentage of an average millennial’s income that they’ll spend on rent between the ages of 22 and 30, according to a new study by RENTCafé. That definitely sounds like a lot—as does the $92,600 total amount ...

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Mortgage Free Baby Boomers?

One of the biggest concerns of being a retired homeowner is financial security, one thing Baby Boomers may be doing better than their generational predecessors. Take a look at what Fannie Mae found out about the generation and their mortgage payment habits.

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An Unlikely Pair

Baby Boomers are always complaining about millennials, but older homeowners could benefit from opening their doors to a younger roommate in more ways than one. . .

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The Home Equity Problem for Generation X

There is a disparity with home equity between Gen X and millennials, according to a recent report. Did millennials catch up, or did Gen X fall behind?

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The Psychology Behind Why People Buy, And Where

Homebuyers within the last two years are buying homes in certain areas for a variety of reasons. But what is driving the millennial home-buying psyche, and how does it compare to previous generations?

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