When Are You Too Old Or Young For A Mortgage?
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When Are You Too Old Or Young For A Mortgage?

By ERIN FLYNN JAY Age matters when it comes to making important financial decisions, but when is someone too old or young to obtain a mortgage? Millennials make up 38% of the home-buying market, but Baby Boomers make up 31%, and Generation Z is starting to show interest in homeownership at 3% of buyers, according…

Young Buyers Willing To Accept Higher Rates

Young Buyers Willing To Accept Higher Rates

Young homebuyers tolerate high mortgage rates better than their older counterparts. Gen Z and Millennial respondents to a new survey say they will accept rates as high as 6.3% and 6.2%, respectively, in order to buy a home in 2024. Gen X and Baby Boomers, in comparison, won’t accept any rate above 6%. The survey,…

One In Five Millennials Believe They Will Never Own A Home

One In Five Millennials Believe They Will Never Own A Home

Young Americans’ homebuying outlook just keeps getting worse. Almost one in five Millennials (18%) and 12% of Gen Z respondents to a Redfin survey believe they will never be able to own a home. They overwhelmingly see affordability as their primary barrier, with half citing high prices as their biggest concern. Just under half of…

What Will Future Homebuyers Look Like?
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What Will Future Homebuyers Look Like?

By ERIN FLYNN JAY American homebuyers are getting older and industry leaders are preparing to welcome more Hispanic homeowners in the coming decades. According to the 2023 Home Buyers and Sellers Generational Trends Report by the National Association of Realtors, members of Gen X between 43 and 57 years old made up 24% of recent…

Atlanta Named Top Spot For College Grads

Atlanta Named Top Spot For College Grads

By KIMBERLEY HAAS Professional opportunities, affordability, and fun in the country’s cities are being measured as commencement ceremonies wrap up nationally and Atlanta is coming out on top as the best place for college graduates to move to. Earlier this week, WalletHub named Atlanta, Georgia, the best city to start a career after comparing the…

Gen Z Is Buying Homes At A Faster Rate Than Millennials

Gen Z Is Buying Homes At A Faster Rate Than Millennials

Gen Z is proving that young Americans want to be homeowners and are willing to prioritize it. According to new Redfin data, Gen Z  is ahead of Millennials when it comes to homeownership, with 37% of Gen Z respondents already owning a home or planning to purchase one within the next five years. Only 32%…

Zoomers Prioritize Pet-Friendliness Over Their Romantic Partners When Choosing A Home

Zoomers Prioritize Pet-Friendliness Over Their Romantic Partners When Choosing A Home

Zoomers are approaching homeownership from a different perspective than past generations, focusing more on their pets than their romantic partners. A recent Zillow survey found that Gen Z adults consider a fenced backyard more essential than a double sink in the primary bathroom, a home office for their partner, or a kids’ playroom. When asked…

Millennials, Gen Zers See Inflation Rates Decline As Rents Cool
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Millennials, Gen Zers See Inflation Rates Decline As Rents Cool

Members of Gen Z and Millenials are seeing their personal inflation rates cool as rent prices moderate. These demographics have lower personal inflation rates than the overall population for the first time in two years, according to a new CPI analysis from Redfin. Gen Zers and Millennials who signed a new lease in December saw…

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