Millennials underestimate the cost of a down payment

More millennials have been motivated by the COVID-19 pandemic to think about buying a home, but do they have enough money saved to go ahead and buy one? That was one of the questions posed by Point2Homes in a recent survey, which found that 74% of millennials, aged 25 to 40, say they’re interested in

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Millennials go to great lengths to achieve homeownership

Millennials are showing such a strong desire to get into homeownership that many are willing to make big sacrifices or take on a second job.

Millennials Opting for Apartments

Those who constitute as millennials differ but according to Census bureau, it is those born between 1982 and 2002, though most prefer to place the cut off age at 2000.

Half of Millennials choose a suburban life

Almost half of millennial homeowners live in the suburbs, and the majority stay in the same city when they buy a home, revealing their home-buying preferences now that they are the largest generational group in the housing market

Millenials more likely to tap into their home’s equity

Millenial homeowners in the 30-34 year old age bracket are twice as likely to take out a home equity loan as baby boomers, according to a new survey by the Discover Home Equity Loans organization

Consumers don’t know enough about credit scores

Real estate pros need to do more to educate their clients about the importance of their credit scores, after a new survey showed that many have a tendency to significantly underestimate its importance

Millennials Choosing Suburban Homes Not Cities for First Purchases

Over the past few years much has been made of the fact that millennials supposedly prefer living in urban areas and like the excitement and the culture readily available. They also want to be flexible and prefer to rent, but things begin to change as this group gets older and thinks about settling down and

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Real Estate Trends – Features That Millennial Home Buyers Want in 2016

Although millennials have been slow to take on home ownership, this is now changing at a rapid pace. Rents are going through the roof, and pressure to settle down come from multiple directions.

Self Photographing Smart Mirror Launches on Kickstarter

There’s little doubt that taking selfies has become one of America’s, if not the world’s favorite pastimes. Now a new project is launching on Kickstarter which is the world’s first self-photographing Smart Mirror. Around 1 million selfies are posted online each day, and EIFLE believes it’s time that the quality of self-portraits was improved so

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2016 housing predictions from Windermere

The development of new single-family homes has been a bit depressed in the last few years, with the lack of interest among millenial buyers being one of the main reasons, according to experts.

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