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Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

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Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

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Mortgage

These 9 tweets nail millennials and housing

Zillow’s fast facts on both

Millennials. While not a foreign word to HousingWire, Zillow Chief Economist Stan Humphries today perfectly nailed how millennials play into housing in just 140 characters nine times.

Aside from 5 ways to capture the millennial markets, using communication tips and online resources.

Or the fact that a recent study from TransUnion showed that millennials are better at paying their mortgages, posting the lowest mortgage delinquency rate, falling to 2.34% at the end of the second quarter.  

Millennials one day will buy a home.

Looking at historical trends, the share of adults living with their parents drops sharply after age 24 and continues to fall to 6% by the mid- to late 30s.

“Much of the sluggishness of household growth in fact relates to lower headship rates among this age group—driven not only by a slowdown in immigration but also by the increasing share that continue to live in their parents’ homes,” a report from the Joint Center for Housing Studies of Harvard University

“Regardless of the economic setbacks they may have experienced, today’s 20–29 year olds are still likely to follow the same pattern,” it added. 

But Humphries simply puts it best in these 9 quick tweets. 

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3d rendering of a row of luxury townhouses along a street

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