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Tag Archives: Generation X

The Millennial Dream Home Looks Like This

dream home

A majority of millennials plan to purchase a home within the next five years, and they have some strong preferences about what they’re seeking. Click through to learn what millennials and other Americans are imagining when they imagine their dream homes.

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Homeowners Making the Best of Their Nests

remodeling

Low inventory, inflated prices, and soaring mortgage rates have many people opting to stay put. Find out how homeowners are making lemonade of the housing market’s lemons.

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Affordability Issues Not Sparing Current Homeowners

It’s no secret that the one-two punch of rising home prices and limited housing inventory has been making life difficult for would-be first-time homebuyers in markets around the country. However, a new consumer survey finds that it’s not just the ...

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Fewer Renters Planning to Buy a Home

homebuyers

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

non-owner-occupied

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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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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Debt Level Among Top Disagreements for Couple Homebuyers

Recent data shows that millennial and Generation X homebuyers who are purchasing with a significant other disagree much more if they’ve been together less than five years. The survey found that gender and location also effected the choice of millennial and Gen-X buyers. The level of debt to take on came in first of disagreements among couple homebuyers.

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Gen X Anxious and Fearful for Financial Future

Generation X, aged 28-52, have a worse financial outlook than any other group. Having lost nearly half their wealth after the housing market collapse, over a third of Gen-Xers believe we are headed for an inevitable financial crisis in the near future. “For this reason, many are paying down their mortgages to reduce payments and guard against possible foreclosure in a downturn,” said one industry expert.

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