Tag Archives: Generation X

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.

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 ...

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 ...

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 ...

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?

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.

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.

The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.

An interruption is occurring in the housing market. Homeowership numbers among Generation X have quickly gonefrom first to last due to lingering effects from the housing bust.

While homeownership rates have mostly been falling the last two years, the demand for rental housing has seen unprecedented increases. What is driving the rental demand surge?