...shut out of the housing market. The Atlantic states the millennial homeownership rate is 8% lower than that of Gen Xers and Baby Boomers at the same age. Although affordability...
Read More »Search Results for: Baby boomers
Ask the Economist: Millennial Demand and Affordability Issues
...formation is expected to grow as more millennials enter their prime home-buying years, and baby boomers are living longer and more independently than ever. For more than a decade, home...
Read More »Merging Technology, Personal Touch in the Mortgage Process
...Gen-xers, and Baby Boomers all prefer in-person communication across all phases of the loan process. Ellie Mae’s research project also stated that almost eighty percent of Millennial and Gen-xers wanted...
Read More »Companies Investing in Single-Family Rental
...has been expanding. According to Palmer, half of Christopher Todd’s current tenants are millennials and half are baby boomers, according to Palmer. “The profile of consumers in Christopher Todd shows...
Read More »Americans are Investing Real Estate
...they would turn to real estate for a long term investment, compared to 30% of baby boomers, 31% of Generation X, or 23% of the Silent Generation. “Millennials are higher...
Read More »Homeownership Rates Missing the Mark
...should have been higher based on the lifestyle, societal and economic trends influencing the demand for homeownership,” said Fleming. “This was largely due to demographic trends as baby boomers settled...
Read More »What it Takes to Buy a Dream Home
...28% of baby boomers. A higher percentage of younger buyers are aiming for high-priced homes: nearly 20% of Gen Zers and 15% of millennials say their ideal home costs more...
Read More »Report: Investors Not Buying Into Housing Market
...before marriage (48%), compared to only 35% of baby boomers (ages 55-73). "People are choosing from many different paths and reaching common life milestones at a wider age span than...
Read More »Real Estate Investment: The Only Way to Go?
...the the Baby Boomer generation could be the cause of the rent increases. “We’re going to rent to 80 million Baby boomers in this country. Baby boomers are going to...
Read More »Housing Costs Are Keeping Americans Awake at Night
...Millennials (ages 23-38) accounted for 58% and 54% of baby boomers (ages 55-73) lost sleep over finances. The report states that Gen X is least likely to gain financial security...
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