by RealtyBizNews | Oct 16, 2021 | housing, millennials, millennials vs baby boomers, Real Estate News
Younger people are being forced to compete with baby boomers for the limited inventory of available homes, and they’re losing out and therefore make up a smaller share of home buyers today than in previous years. That’s according to a report from Zillow that looked at...
by RealtyBizNews | Jul 6, 2021 | Gen Zers, home aspirations, home ownership, housing decisions, housing influences, housing trends, millennials, Real Estate News
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...
by RealtyBizNews | Dec 23, 2020 | homes, millennials, Real Estate News, Real Estate Resource, selling homes
With Millennials now coming of age in the workforce and baby boomers set to retire, they are said to represent the most rapidly expanding consumer base in the U.S. alone. Yet according to Ballennetwork.com, the generation that came after the Gen X’ers, and who were...
by RealtyBizNews | Dec 11, 2020 | millennials, Real Estate News, Real Estate Resource
Even though everyone likes to bash the Millennials and Gen Z as being lazy and unfocused, they are currently the ones overturning the housing market. Turns out that young adults in their late 20s and 30s are now established in their careers, managed to shake off their...
by RealtyBizNews | Dec 7, 2020 | Featured News, Home Buying, housing trends, millennial home buyers, millennial homeownership, millennials, Real Estate News
The homeownership rate of millennials is 8% lower than it was for Gen Xers and Baby Boomers when they were the same age, according to a new report by the Urban Institute. So why are younger generations struggling to obtain a home at the same rate as their parents...
by RealtyBizNews | Oct 4, 2020 | Millenials, millennials, Mortgage, Real Estate News
More millennials have been motivated by the COVID-19 pandemic to think about buying a home, but do they have enough money saved to go ahead and buy one? That was one of the questions posed by Point2Homes in a recent survey, which found that 74% of millennials, aged 25...