Items Tagged with 'Generation X'

ARTICLES

  • Forget waiting on Millennials, Gen Z is starting to buy homes

    Number of Gen Z mortgage borrowers doubled in one year
    Despite the general narrative surrounding the Millennial generation and home buying (that they would rather rent because they don’t want to be tied down by a mortgage), Millennials have officially entered the housing market. And now that the housing market is done waiting for Millennials, the focus shifts to what’s next, or more aptly, who’s next. Generation Z is who’s next, and there’s good news for the housing economy on that front, because new data from TransUnion shows that home buying among Gen Z is skyrocketing.
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  • Younger generations are moving more than others

    Here are some factors why
    The conventional wisdom about Millennials is that they move (and move home) more frequently than older generations, and a new study from Porch will only reinforce that belief even further. Out of the 1,000 people surveyed, Millennials were found to move once every two years. That's twice as often as Generation X.
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  • Zillow: America's youngsters want in on homeownership

    The homeownership rate for Americans younger than 35 climbs to nearly 40% in Q2
    America’s homeownership rate fell to 64.1% in the second quarter, sliding from the prior quarter’s 64.2%. While the nation’s senior population continued to dominate, with a 78% rate, an analysis from Zillow indicates the younger generation is warming up to homeownership.
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  • Gen Xers suddenly start buying homes in droves

    Millennials aren’t alone in struggle with student debt
    Millennials receive much of the focus from the housing market as they are the next generation expected to enter the market, however the much-needed starter homes are currently owned by another generation – Gen X. And for the first time in several years, Gen Xers are beginning to buy their next home, showing the most home buying activity since 2014.
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  • Freddie Mac: 4 financial hurdles blocking homeownership

    70% of renters believe renting is more affordable
    Nearly three quarters of renters feel that renting is a more affordable choice than homeownership, even though it’s more affordable to buy. Here are the four financial hurdles renters who plan to buy in the next three years indicate they still have to overcome.
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  • Millennials most confident generation about their credit scores

    Infographic shows generational view of FICO scores
    While Millennials are the most confident generation — with nearly three in five Millennials saying they would be comfortable disclosing their credit score to their parents — they may not be the most aware. This infographic shows exactly where each generation stands.
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  • Turnaround: Millennials driving housing momentum?

    Housing optimism boosted by millennial confidence
    "Cynics might argue that these results represent no more than youthful exuberance, or perhaps some naiveté, but that’s missing the point. We need this generation to be confident and wanting to buy, regardless of the difficulties they face," said Zillow Chief Economist Stan Humphries.
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