Armed with savings from the pandemic, young adults eye homeownership

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

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Young adults may stay home with mom and dad longer than expected

Young adults who moved back in with their parents may have been expected to move out again once the COVID-19 pandemic eases, but it’s becoming apparent that many are likely to want to stay at mom’s and dad’s even longer than that. It’s a trend that has big implications for housing. Last year it was

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The pandemic has forced millions of young people to move back home

Millions of young adults have moved back home with mom and dad since the COVID-19 pandemic began, and now, the majority of 18-to-29 year olds are said to be living with their parents. That surpasses a previous peak that was set during the Great Depression, the Pew Research Center reported. The survey by Pew found

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COVID-19 forces almost 3 million adults to move back home

Growing unemployment across the U.S. has prompted millions of adults to move back in with their parents. As a new Zillow analysis shows, the potential rent lost from Gen Z alone could total an estimated $726 million, and the ripple effects of their next move could have far-reaching consequences for the housing market. The number

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Millennials move home more often than older generations

Millennials are moving more often and living in their homes for a shorter period than previous generations. The share of young adults who have lived in their current home for less than two years is nearly 12 percentage points higher than in 1960, according to a new Zillow analysis. Younger adults have always lived in

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Zillow: More than 20% of millennials still living with their moms

More people age 23-37 are living with their moms than at any time this century, according to a new Zillow study. Nearly 22% of American millennials – more than 14 million in total – live with their mom or both parents, the highest share for this age group since at least 2000. The share of

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Report: Tough realities for younger generations hold back housing

Younger generations are finding it tough to make progress as adults, and in turn that’s stymieing growth in housing markets, according to a new report from Freddie mac. The report compares young adults to previous generations and measures their impact on household growth. Unfortunately, Freddie Mac says that for younger generations, “’adulting’ is getting hard

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Student debt forcing many college grads to delay home ownership

As opposed to home ownership a large number of college students plan to move back home with mom and dad as soon as they’ve graduated, so they can pay off their student loans, according to a new survey of 2,000 young

Millennials fleeing the nest at much faster rate, bodes well for housing demand.

Fannie Mae says that young adults are finally beginning to flee the nest in their droves, with the number of those who’re moving out from their parent’s homes growing fast.

Home Sweet Home: More Young Adults Stopping With Mom & Dad

The percentage of young adults ages 18 to 34 living with parents or parents-in-law has risen sharply since the late 2000s, according to the most recent American Community Survey.

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