Items Tagged with 'Millennials'

ARTICLES

  • 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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  • America's debt-burdened Millennials are delaying homeownership by 7 years

    48% of undergraduates are putting off buying a home because of loans
    A survey from Clever Real Estate, an online real estate marketplace, indicates that although 84% of Millennials believe homeownership is part of the “American Dream,” a whopping 48% of undergraduates are putting off buying a home because of their loans. In fact, the report claims that debt-burdened students are now delaying homeownership by an average of seven years.
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  • Here's where Millennials are moving

    Study shows younger homebuyers are moving West and South
    Some say that anticipated wave of Millennial homebuyers has finally crashed, with recent data showing that nearly half of all new mortgages last year were connected to a member of this generation. Now, a new study shows us where they're landing, pointing out the most popular destinations for Millennial homebuyers. Here are the states and cities that rank the most attractive to these young nest seekers.
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  • Quarter of U.S. homeowners wish they were renting instead

    Many say the financial responsibility of homeownership is stressful
    Although owning a home has its benefits, a recent survey shows that homeowners have many regrets when it comes to the purchase of a new home, mostly because they are largely unprepared for the initial cost and the ongoing financial responsibility that comes with homeownership. Of those surveyed, 26% said the cost of owning a home is a burden and they wished they were renting instead.
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  • Housing News Podcast: Guidance Residential’s Kal Elsayed on the importance of working with underserved communities

    Listen to this week's latest episode
    Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Blend.This week, Kal Elsayed, the President and CEO of Guidance Residential, a faith-based home financing company, explains the importance of working with underserved communities. Additionally, Elsayed discusses the Federal Reserve's proposed rate cut and the nation's Millennial homeownership trends.
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  • Millennials want to buy homes, but their wallets are saying no

    First-time homebuyers made up 42% of spring’s home-shoppers
    Although spring may be behind us, data says the season's uptick in home buying interest is here to stay. According to a survey from realtor.com, this spring was filled with home-buying interest, especially from the nation’s first-time buyers. But while their purchasing interest peaked, survey results indicate many still can't afford to purchase a home.
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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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  • Fewer Millennials are seeking mortgage help from parents

    For younger homebuyers, relying on parents, renting out spaces and bunking with roommates are becoming a thing of the past
    Millennial homebuyers are less likely to take extraordinary measures to be able to afford their mortgage payments in 2019, according to a study from Redfin, which says that more Millennials are leaving roommates and renting in the past.
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  • Warren's student debt-forgiveness plan could save homebuyers money and time

    Senator wants to eliminate up to $50,000 worth of student loan debt for the average American
    A new proposal introduced by Sen. Elizabeth Warren, D-MA, could eliminate up to $50,000 worth of student loan debt for the average American. Under Warren's proposal, the typical aspiring first-time homebuyer burdened with student debt could save for a down payment in just nine years, according to Redfin.
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  • Hey students, can you afford to live here?

    RentCafé lists the most affordable rental markets for students
    Student renters are suffocating under more than $1.5 trillion worth of student loan debt. In order to determine which rental markets offer them the most affordable prices, RentCafé compiled a list of the 100 most affordable metros near universities. Find out which campuses made the top 5.
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