New York
Real Estate

Big Apple Becoming a City of Millennials

By Allison Halliday | June 7, 2016
According to an article in therealdeal.com, the numbers of millennials which are those people born between 1981 and 1997 is currently at 75.4 million. This makes the group bigger than the baby boomer generation, according to research from the Pew Research Centre. The numbers of millennials is also growing, thanks to immigration. The spending power […]
Real Estate, Residential, US Real Estate

How Do Housing Preferences Differ Between Millennials and Baby Boomers?

By Guest Author | May 24, 2016
Millennials are currently entering the housing market as first-time homebuyers in increasing numbers, but their housing preferences are different from previous generations’ preferences
Featured News, Residential, US Real Estate

Here's how millennials will affect the future of real estate

By Mike Wheatley | May 17, 2016
Many millennials have already attained the “American Dream” of home ownership, and not only are they getting cozy in their own homes, but they have some different ideas about it too
Home Buying

Low Credit Scores May Dash Millennials’ Home-Buying Dreams

By Guest Author | April 24, 2016
Nearly a third of millennials (ages 18 to 34) hope to purchase a home within the next year, but more than 40 percent may not have the credit to do so(1), according to a new TransUnion (NYSE: TRU) survey released today.TransUnion’s survey of 1,843 consumers found that while 32 percent of millennials say they plan […]
Mortgage, US Real Estate

2016 Looks to Be a Bullish Mortgage Market

By Brian Kline | March 3, 2016
According to the new Lenders One® Mortgage Barometer, a survey of 200 mortgage lending professionals, nearly two in three mortgage lending professionals (62 percent) expect mortgage purchase production to increase, with an overall average anticipated increase of 11 percent in 2016. Also, 87 percent believe the mortgage purchase market will be somewhat to extremely active. Mortgage lenders’ […]
Real Estate

Millennials Facing Competition from Baby Boomers

By Allison Halliday | October 23, 2015
There’s an awful lot being written about millennials needs for housing these days, particularly as they outnumber baby boomers. However millennials are facing competition in the real estate market that’s coming from this generation, many of whom have either retired or are on the cusp of retirement. This does mean that people bidding on apartments […]
Residential, US Real Estate

Millennials Saving to Become Home Owners

By Allison Halliday | May 17, 2015
According to a report conducted by the Urban Land Institute, 70% of millennials who do not yet own their home fully expect to become home owners by 2020. Most anticipate using money they have saved as a down payment. The survey was carried out across 1270 people falling into the age category of 19 to […]
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