A growing number of millennials do not believe they will ever afford to own a home as they try to battle a confluence of adverse market conditions.
Read More »Real Estate Market Hits All-Time High, Now Valued at $47T
The last market peak occurred in June of 2022 when the real estate market set its all-time high of $46.6T, but now a shortage of homes has propped up sales, pushing valuation numbers ever skyward.
Read More »Home Sellers Hesitant to Take on New Mortgages
A new survey from Realtor.com revealed an estimated 82% of home sellers feel 'locked in’ to their current home, as buying a new home could potentially mean buying into a higher mortgage rate.
Read More »Young Adults Continuing to Live at Home
For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many of their service-related jobs, drained their savings, and ultimately forced them to ...
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 »Homebuying Millennials Targeting Denver
As prices continue to escalate, home-seeking millennials are putting down nearly $54,000 to buy in the Denver metro market.
Read More »How the Pandemic Has Changed Our View of Homes
A survey by Unison has found that the nation is valuing their homes more than ever as the pandemic has forced many to adapt to their new surroundings.
Read More »Next Recession Could ‘Destroy’ Younger Generation
A new report from The Atlantic states that while inverted yield curves, economic downturns, and slowing growth will impact everyone, it will be the millennials that will be hit the hardest. “Millennials got bodied in the downturn, have struggled in ...
Read More »Homeownership Rates Missing the Mark
Potential homeownership demand in 2018 increased by just 0.66% when compared to 2017, but the homeownership rate underperformed potential demand by 8.7%, according to the First American Homeownership Progress Index (HPRI). “The homeownership rate is influenced by shifts in underlying ...
Read More »Generation Gaps
Millennials are moving to urban areas, but where are the older buyers going? See how demographics are impacting growth in popular cities.
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