Browsing Posts In: Millennials

April 17, 2017 Posted by: Amanda Riggs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and 1998 and is the largest share of buyers for the fourth consecutive year. Sixty-six percent of […]

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Posted by: Amanda Riggs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and 1998 and is the largest share of buyers for the fourth consecutive year. Sixty-six percent of […]

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November 29, 2016 Posted by: Amanda Riggs

The 2016 Profile of Home Buyers and Sellers survey is the second year we have collected data on the difficulty of saving for a down payment to buy a home and whether student loans were an impediment. In years past, the down payment had been cited as one of the most problematic steps in the […]

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Posted by: Amanda Riggs

The 2016 Profile of Home Buyers and Sellers survey is the second year we have collected data on the difficulty of saving for a down payment to buy a home and whether student loans were an impediment. In years past, the down payment had been cited as one of the most problematic steps in the […]

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April 18, 2016 Posted by: Meredith Dunn, Research Communications Manager

In the latest HOME (Housing Opportunities and Market Experience) Survey, 96 percent of buyers 34 and under answered yes to the question: “Do you ever want to buy a home in the future?” Millennials are already the largest group of home buyers compared to other generations at 35 percent, but many of them face distinct […]

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March 16, 2015 Posted by: Melissa Tracey

By Melissa Dittmann Tracey, REALTOR® Magazine Millennials may be willing to sacrifice extra square footage in a home and even features like an outdoor kitchen or two-story foyer. But there’s one thing they say they aren’t willing to sacrifice in a new home: A separate laundry room. A separate laundry room clearly topped the list […]

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November 24, 2014 Posted by: Blog Contributor

By Patti Stern, Principal, PJ & Company Staging and Interior Decorating Every one is starting to make predictions already for the 2015 housing market. One of our own predictions: 2015 will continue to be a buyer’s market, particularly in certain areas where homes are older. While low inventory has plagued the market for years, a broader […]

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September 16, 2014 Posted by: Jessica Lautz, Director, Member and Consumer Survey Research

Based on a report released by The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream: In the next five years, 8.3 million new millennial (Gen Y) households will form. It is predicted that millennials will spend $1.6 trillion on home purchases and $600 billion on rent. The generation is optimistic: 79% expect […]

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February 6, 2014 Posted by: scott

Under QM regulations that took effect in January, one of the underwriting criteria for a loan to be originated as a Qualified Mortgage is that the borrower must meet a monthly debt to income ratio (DTI) of no more than 43 percent [2]. The monthly debt payments include recurrent debt obligations such as student loans, […]

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January 28, 2013 Posted by: scott

By Melissa Dittmann Tracey, REALTOR(R) Magazine After five years of downsizing, home owners are showing a desire for more space. In the past year, builders are reporting higher demand for larger homes. In fact, 84 percent of home owners between the ages of 18 and 59 say they have no intentions of downsizing–even among Baby […]

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