A large percentage of millennials want to buy homes. But they’re allowing rising home prices—and misconceptions about the market—to keep them stuck in the renting cycle. According to CoreLogic’s Young Millennial Housing Survey (which was featured in their most recent Home Price Index report), 40% of millennials are extremely or very interested in purchasing a home now (with 64%...
millennials
As 2019 gets rolling, the real estate industry is looking ahead to the rest of the year, and according to forecasts, 2019 is set to be a major year for millennials. According to Realtor.com’s 2019 Housing Forecast, millennials will account for nearly half (45%) of all mortgages in 2019—significantly more than Gen Xers (37%) and Baby Boomers (17%). As time goes on and we enter a new decade,...
If you follow pop culture news, you’d think that all millennials are concerned about is SnapChat and avocado toast. But according to a recent report, there’s something much more important on millennials’ minds these days—and that’s buying a home. According to the 2018 Home Buyer Report from NerdWallet, a whopping 82% of millennials say buying a home is a priority, significantly higher...