Items Tagged with 'Millennials'

ARTICLES

  • HousingWire News Podcast: If your lending tech isn't what Millennials want, can you survive long-term?

    Listen to the latest episode
    The HousingWire News Podcast is a weekly wrap of the top news stories by Editor-in-Chief Jacob Gaffney. This week, Gaffney talks with John Pataky, TIAA Bank’s EVP and chief consumer and commercial banking executive. With GDP coming in strong, is the chance of recession finally remote, or is the sky falling? Plus, if your tech isn't what Millennials want, can you survive long term? Listen to find out.
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  • Americans still favor owning over renting, but for how long?

    67% of American homeowners believe owning is easier than renting
    In a recent analysis, LendingTree surveyed 2,095 American homeowners aged 22 and older about their perceptions of owning a property versus renting. According to the study, homeownership duration is a tremendous indication of whether or not a person is likely to return to the rental market.
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  • Zillow: Housing slowdown likely to pass as second wave of Millennials enter housing market

    3.11 million first-time buyers are projected to enter the market by 2028
    A recent Zillow analysis claims an extra 3.11 million people at prime first-time home-buying age are projected to enter the housing market by 2028. While it’s not certain if each of these people will purchase a home, Zillow claims the sheer heft of their numbers will impact the market.
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  • Redfin: This is how Millennials save for their home down payments

    72% of Millennials fund home down payments with money saved from their paychecks
    Millennial homebuyers are projected to purchase at least 10 million homes within the next 10 years. But how will this debt-heavy generation afford housing in a market that’s already priced out the wealthiest? Real estate brokerage company Redfin claims it’ll be the old-fashioned way.
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  • This is where Millennials want to live

    NAR analysis details factors are driving Millennial migration
    A recent report from the National Association of Realtors reveals that Millennial homeownership migration is primarily motivated by market affordability and strong job prospects. Find out which housing markets most appeal to Millennial homeowners here.
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  • Marketer Intel: Keosha Burns with Chase Home Lending on reaching new buyer groups

    Mortgage marketers should be consumers of their own content if they expect it to resonate
    In this installment of Marketer Intel, we talk with Keosha Burns, head of public relations at Chase Home Lending, on the challenges of reaching new buyer groups, specifically Millennials. Keosha built her career in Washington, D.C., joining the industry at the Financial Services Roundtable, then working for nearly five years as the senior manager of media and external relations at Fannie Mae. In her current role at Chase, she leads PR strategy and has an extra passion for first-time homebuyers.
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  • Study reveals generational divide in HELOC use

    Millennials more likely to use proceeds on things other than home renovation
    Most of the time, when a homeowner takes out a HELOC, the plan is to use the proceeds to fund home renovations. But a recent survey of 1,003 HELOC or future HELOC borrowers by Citizens Bank revealed that younger borrowers are much more open to using the loan for things other than home renovation, shedding light on a generational divide in the way homeowners utilize their home equity.
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  • These are the best housing markets for first-time buyers

    Zillow ranked metros based on home value, appreciation and more
    Purchasing the perfect home can be difficult, especially for those navigating the housing market for the first time. Luckily, a new report by Zillow reveals the country's top housing markets for first-time buyers, measuring factors like home value, home appreciation, wealth and inventory. Find out which markets made the cut.
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