According to a new First American Financial Company blog post, millennials are poised to surpass boomers as the largest generation and will be the major purchasers of their homes. Here’s what that will mean for the industry.
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Millennials Bought More Homes Than Other Generations Last Year
About 30% of 25-year-olds owned their own home in 2022, higher than the 27% rate of the previous generation.
Read More »As Boomers Age Out, How Will Housing Inventory Be Impacted?
With the oldest generation gradually aging out of their homes, will the inventory freed up provide relief for younger generations searching for their own path to homeownership?
Read More »Millennial Buyers in a Changing Market
Millennials, now in their late 20s to early 40s, have gotten a bad rap for their views on the housing market. Before the pandemic, this generation was lambasted for living with their parents or perpetually renting but today, data shows ...
Read More »Tracking Retirement Migration
Here's where retirees are finding the best balance of affordability and comfort, and where they're moving out.
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