A new RentCafe report unveiled the affordability challenges of buying a home for younger generations. Just how many millennials and Gen Zers don't plan to move out anytime soon? Click through to find out.
Read More »Targeting New Outlets for Down Payment Assistance?
With the ever-rising cost of homeownership, down payments requirements have also grown in step. Click through to find out where the next generation of buyers are finding the funds to secure a home.
Read More »Potential Homebuyers Enlist Family to Help Curb Housing Affordability Costs
A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.
Read More »Tectonic Shifts in Industry Demographics Are Coming
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.
Read More »Millennials and Gen Zers in Rough Spot When It Comes to Housing Sentiment
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 »More Than Half of Americans Fear They Will Never Own a Home
Among Americans who don’t currently own a home, 51% say they’re worried they will never attain homeownership, according to a new survey from LendingTree. Mortgage rates topped 7% last month and home prices hit new highs in June.
Read More »How Homebuyers Can Save by Negotiating a Lower APR, Home Prices
According to a new survey from LendingTree, some 63% of homebuyers have negotiated their purchase price in hopes of saving money, while just 39% negotiated the mortgage or refinance rate despite the likelihood of a better deal.
Read More »Baby Boomers Surpass Millennials as Largest Share of Current Homebuyers
It’s the first time since 2014 that boomers have overtaken the younger generation when it comes to owning a bigger slice of the homebuyer market, according to a new housing report from the Bank of America Institute.
Read More »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 »Female-Headed Households Still Struggle to Achieve Homeownership
According to a new study from Urban Institute, research revealed that among never-married households, there was a steady six-percentage-point female-male homeownership gap between 1990 and 2021.
Read More »