Items Tagged with 'homebuying'

ARTICLES

These cities attract the most Millennial homeowners

Rate in No. 1 city increased over 10% since 2006
Millennials could be the key to housing in 2017, according to some experts. While the homeownership rate decreased nationwide over the past decade, some cities defied the trend, and even saw significant increases in Millennial homeownership. Here are the top 10.
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When it comes to Millennial homebuyers, time really is money

And words are your bond
To some degree, the Millennial homebuyer market, especially the first-time homebuyer, must seem like the Holy Grail or a unicorn herd to mortgage lenders. It’s a large segment with an estimated purchasing power of about $200 billion. So what does this mean for those seeking to sell mortgage loans to Millennials?
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NAR survey shows how college, student debt affect homeownership

Many Millennials delaying homeownership
Millennials are delaying homeownership, with many waiting a couple years after graduating before choosing to finally move out on their own. According to a new survey by the National Association of Realtors, this delay is due to student debt. While paying off their student loans, borrowers can’t afford to buy a home, here’s why.
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Cash homebuyers threaten to overheat some markets

Nationwide, cash homebuyers receive an average discount of 23%
While the majority of cash homebuyers received an average discount of 23%, this can't be said for everyone. The select few markets where cash buyers ended up paying a premium could be in danger of overheating.
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