Real Estate Marketing & Beyond

Student debt cited as biggest obstacle to homeownership by half of would-be buyers

By Mike Wheatley | September 22, 2021

Home Buying, US Real Estate

States offering to pay off student debts for young professionals who buy a home

By Mike Wheatley | April 21, 2021

Some U.S. states are trying to tempt young professionals to set up home there by offering to pay off their student debts in exchange for buying their first properties there. The recently launched “SmartBuy” programs in the states of Illinois and Maryland offer to pay off the student loan debts of young adults who obtain […]

Millennials say they're worried they'll never become homeowners

By Mike Wheatley | November 20, 2019

A significant number of millennials report feeling trapped as renters, saying they’re unable to save enough money to become homeowners, according to a new study from Apartment List. In its 2019 Millennials & Homeownership Report, which analyzes attitudes, expectations and actions of 10,000 millennial renters in the U.S., Apartment List notes that the vast majority […]

Featured News, Home Buying, US Real Estate, Zillow

Medical and student debt handicapping Americans' housing hopes

By Mike Wheatley | October 2, 2019

Aspiring home buyers with medical debt are more likely than others to be denied a mortgage, while those with student loan debt more often put off buying. That's according to the 4th annual Zillow Group Report on Consumer Housing Trends, released today. Personal debt – particularly credit card, student loan and medical – tremendously impacts […]

Featured News, US Real Estate, Zillow

Student debt severely limits buyer's options, report finds

By Mike Wheatley | November 18, 2018

Carrying student debt, whether for themselves or someone else, limits potential home buyers' budgets by $92,440, leaving fewer homes on the market they can afford. The average monthly student debt payment for renters who plan to buy a home in the next year is $388, according to the latest Housing Aspirations Report from Zillow. The […]

Delaying homeownership could cause retirement problems for millennials, experts say

By Mike Wheatley | November 1, 2018

Millennials’ delayed entry into homeownership could have a big impact on them financially when they decide to retire, economists say. The warning comes at a time when many younger adults are delaying buying a home due to a number of reasons, including student debt, inability to obtain credit, and a general preference towards renting. But […]

Women, millennials' home ownership dreams held back by student debt

By Mike Wheatley | October 5, 2018

A rising number of consumers say that student loan debt is delaying their ability to buy a home, with women and millennials among the most affected, according to the sixth annual NeighborWorks America at Home report. The survey, which quizzed around 1,000 U.S. adults, found that rising costs have pushed the overall student loan debt […]

4 Top Reasons Why Millennials Aren’t Buying Homes

By Chris Porter | October 18, 2017

Why aren’t millennials buying homes thought they seem to be earning a lot? With the affordability still within the historical average, it is hard to explain why millennials would rather buy iPads than invest in buying homes.

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