Millennials

Millennials Collaborating to Attain the American Dream of Homeownership

November 23rd, 2021
The affordability issues in the housing market aren’t going away for younger buyers. The financial challenges hindering millennial homeownership have been well documented between overwhelming student loan debt and record-level home prices. However, some within the cohort are carving their...

Important Findings Revealed in 2022 Millennial Home Buyer Report

January 24th, 2022
The 2021 housing market was the most lucrative—and competitive—ever recorded in U.S. history. Fierce demand driven by historically low interest rates combined with limited inventory made conditions ripe for a boom. Home values swelled at a record-setting pace, spiking nearly...

Where Are Millennials Buying Homes?

February 2nd, 2022
Millennials are now the largest group of homebuyers in the U.S., ahead of older Gen Xers and baby boomers. Despite the pandemic delaying some millennials’ homebuying, they are still eagerly buying homes in the hot housing market. LendingTree analyzed mortgage...

NAR Offering Free Two Months of TeleHealth for Members

February 7th, 2022
For a limited time, REALTORS® Insurance Place is offering two free months of their TeleHealth service for all National Association of REALTORS® (NAR) members, the association has announced. “No matter the circumstance, NAR is committed to ensuring that our members...

Generational Divide: Experts Break Down the Gen Z Buyer Mentality

February 18th, 2022
Millennials have been a significant focal point for agents in recent years, accounting for the largest cohort of buyers in the market currently. However, preparing for the next generation of potential clients never hurts. Generation Z is next in line...

Millennial Buyers Challenged by Affordability

March 24th, 2022
Everything has changed in real estate since the pandemic—or has it? Looking at the latest of the National Association of REALTORS® (NAR) long-running “Generational Trends” annual surveys of homebuyers and sellers—the first that includes only data from the pandemic—it remains...

Q2 Trends: Sinking Inventory, Return of Cities, Millennials on the Move and More

April 1st, 2022
The prime property market is ablaze as agents worldwide continue to experience record levels of activity. But increasingly, concern is mounting around inventory, which remains at an all-time low—even at prime price points. This trend is the most palpable in the...

Several Millennials and Gen Z Homeowners Intend to Sell Over the Next Year

April 4th, 2022
Despite the seemingly endless challenges in meeting inventory demands, a recent survey indicated two groups of homeowners will soon populate the housing market with listings of their own: millennials and Gen Z. Coldwell Banker commissioned a survey with The Harris...

Amid Supply Chain Woes, Millennials Want Bigger Homes

April 5th, 2022
A new survey out shows that millennials’ housing preferences have changed through the COVID-19 pandemic. According to the Census Quarterly Starts and Completions by Purpose and Design and National Association of Home Builders (NAHB) analysis, more than a third (36%)...

Report: Home Price Increases Outpace Inflation by 150% Since 1970

April 13th, 2022
It’s no secret that a gallon of milk costs more today than it did just a few years ago or that you’re paying more at the pump today than you were even yesterday. But although prices for every good and...
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