Items Tagged with 'Millennial'

ARTICLES

  • PropertyShark: Gen Z has its eye on the American Dream

    A whopping 83% of Gen Z plans to purchase a home within the next five years
    Home prices are rising, inventory is drying up, and although the unemployment rate is at record lows, wages just aren’t increasing at a substantial rate. However, while Millennials are often deterred from entering the housing market, evidence suggests that Generation Z has its eye on homeownership.
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  • In real estate, man’s best friend is often calling the shots

    Realtor.com reveals pet-owning homebuyers make decisions based on their animals
    Realtor.com surveyed 1,000 recent homebuyers to reveal that 80% were pet owners. Among those with pets, 90% said their animals' needs were essential to their decision of purchasing a home, and most of them would pass up their dream home if it didn't work for Fido.
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  • From HW Magazine

    Maintaining relevancy with today's tech-savvy consumers

    The roles of real estate agents and loan originators are evolving
    More than any other generation of consumers, today’s homebuyer uses the internet and mobile devices to connect with businesses. When buyers look for homes, they’re turning to real estate apps like Zillow, Trulia, or Redfin. These resources can be a key avenue to market yourself because they put you directly in the line of sight of potential buyers. Another option is to align yourself with a mortgage company that provides apps so you can manage your business on-the-go.
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  • Hey Millennials! Have questions about how your credit scores work?

    Take this quiz to see how much you understand
    The exact intricacies of a credit score continue to be one of the most confusing financial concepts for Millennials. This elusive three-digital number holds the power to some of the most financially expensive purchases in a consumers life, and yet according to a recent poll from LendEDU, young American consumers only have an intermediate understanding of that all-important number. See how well you perform against the stats.
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  • Here's the inventory crisis smothering Millennial homebuying

    3 factors blocking homeownership
    Regardless of whether Millennials want to buy a home or not, there first must be a home available to purchase. In an interview with HousingWire, Daren Blomquist, senior vice president at ATTOM Data Solutions, identified three key factors keeping housing inventory in a drought, barring entrance for aspiring young homeowners.
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  • [infographic] A snapshot of today’s first-time homebuyer

    MGIC: 7 essential facts
    The data is in for the newest profile of this year’s first-time homebuyer. MGIC pulled out these seven handy facts and created a shareable infographic to describe top traits of the homebuyer group. Sneak peak: Do you know the average age of a first-time homebuyer is? It's 32 years old.
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  • Is SoFi about to loosen its lending standards?

    Typically targets "high earners not rich yet" for its member exclusive club
    For years, SoFi, the online mortgage lender, marketed to an elite group of borrowers usually deemed as “great” in its ad campaigns. But this could all start to change as the online lender is possibly rethinking its strategy in order to grow in the current tight lending environment. Could this be good news for Millennials?
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  • American Millennials infuriated with the lacking housing market

    Is there too much competition from foreign investors?
    As the housing market recovers from its horrific crash from a few years ago, it is expected to pick up heading into the spring homebuying season. But it’s not looking good to Millennials as they can’t afford to buy a home. One of the reasons why it is said to be infuriating.
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