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Home Sales
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US Real Estate
Millennials are driving the housing market rebound
By
Mike Wheatley
| September 1, 2020
Home Sales
,
US Real Estate
Millennials and first-time buyers eye condos
By
Mike Wheatley
| August 26, 2020
Condominiums are selling for an average 16% lower than single-family homes, and that could make them more attractive for millennials and first-time home buyers, according to a new report by CoreLogic. The report says millennials could be pushed “toward buying condos because they tend to be more affordable than single-family homes and because condos typically […]
US Real Estate
Thinking of Selling or Renting Your Home? It’s Time to Learn about the Millennial Market
By
Jamie Richardson
| May 27, 2020
If the worldwide COVID-19 pandemic and related financial fallout have you thinking about selling or renting a property in the coming months, it helps to get up to date on relevant real estate trends. In particular, be aware that the younger millennial generation is having a significant impact on real estate. Many people don’t realize […]
Home Sales
,
US Real Estate
Young professionals drive growth in new home market
By
Mike Wheatley
| May 8, 2020
New home sales have reportedly doubled in the past couple of weeks, with millennials aged 31 to 40 driving up demand, according to new data from John Burns Real Estate Consulting. The data shows that most new home buyers are couples and individuals who’ve been looking to buy real estate for some time, and are […]
Residential
,
US Real Estate
Ratio of single homeowners increases to record high
By
Mike Wheatley
| February 28, 2020
Americans are increasingly heading into homeownership alone, with the share of homeowners in the U.S. who describe themselves as “single” hitting a record 38.4% in 2018, according to U.S. Census data. Moreover, around 48.5% of singles aged 18 to 34 owned a home in 2018, the highest number since 2009, USA Today reported. The main […]
Featured News
,
Residential
,
US Real Estate
Millennials way behind baby boomers when it comes to homeownership
By
Mike Wheatley
| February 6, 2020
Millennials own far less real estate than their predecessors, and it means an entire generation could have lower lifetime wealth, experts say. Data from the Federal Reserve shows that when baby boomers reached their median buying age of 35 in 1990, they owned around one third of all U.S. homes, in terms of overall value. […]
US Real Estate
Gen Z & millennials face entry-level housing shortage
By
Mike Wheatley
| January 28, 2020
With the oldest members of Generation Z finally entering their homebuying years, many of them are facing tough competition from older millennials in a market struggling with a serious shortage of entry-level homes for sale. “Gen Z is entering the housing market under the radar, but at a projected 65 million strong, they are going […]
Home Buying
,
US Real Estate
,
Zillow
Zillow says more Gen Zers than millennials will become homeowners
By
Mike Wheatley
| December 19, 2019
The oldest Millennials, who will turn 40 in 2020, have lived through a turbulent decade of housing marked first by the initial recovery from the Great Recession, then the extraordinary home value growth of recent years. Due in large part to a variety of affordability challenges delaying all sorts of major life milestones, the homeownership […]
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