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Younger buyers are losing out to baby boomers as they compete for fewer homes

By Mike Wheatley | October 16, 2021
Younger people are being forced to compete with baby boomers for the limited inventory of available homes, and they’re losing out and therefore make up a smaller share of home buyers today than in previous years. That’s according to a report from Zillow that looked at the age, sex, race and income of home buyers […]
US Real Estate, Zillow

Armed with savings from the pandemic, young adults eye homeownership

By Mike Wheatley | July 6, 2021
Zillow believes that most millennials and Gen Zers are enthusiastic about the idea of owning a home and that a good number of them will look to buy one in the near future. A recent survey on the housing preferences and influences on the younger generations found that three in five are planning to use […]
US Real Estate

The 2021 Spring Real Estate Market and 40 Year Old Millennials

By Brian Kline | April 4, 2021
The leading edge of the millennial generation is turning 40 this year (and the oldest baby boomers are 75). The millennial story has not been good. Over the decades, they’ve experienced the Great Recession, massive student loan debt, stagnant wages, rising costs of living, and the Covid-19 pandemic. Entering the early part of middle age, […]
Real Estate Resource

5 Effective Tips for Selling Homes to Millennials

By Jamie Richardson | December 23, 2020
With Millennials now coming of age in the workforce and baby boomers set to retire, they are said to represent the most rapidly expanding consumer base in the U.S. alone. Yet according to Ballennetwork.com, the generation that came after the Gen X’ers, and who were born between 1980 and 2000, are not an easy sell […]
Real Estate Resource

The Impact of Millennials and Gen Z on Real Estate

By Jamie Richardson | December 11, 2020
Even though everyone likes to bash the Millennials and Gen Z as being lazy and unfocused, they are currently the ones overturning the housing market. Turns out that young adults in their late 20s and 30s are now established in their careers, managed to shake off their student loans, and would like to take roots.  […]
Featured News, Home Buying, US Real Estate

This is why millennials struggle to buy homes

By Mike Wheatley | December 7, 2020
The homeownership rate of millennials is 8% lower than it was for Gen Xers and Baby Boomers when they were the same age, according to a new report by the Urban Institute. So why are younger generations struggling to obtain a home at the same rate as their parents were? In its Millennial Homeownership report, […]
Mortgage

Millennials underestimate the cost of a down payment

By Mike Wheatley | October 4, 2020
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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