Home >> Tag Archives: Millennials (page 3)

Tag Archives: Millennials

Baby Boomers, Millennials Lead the Nation in Solo Renting

A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.

Read More »

Home Improvement Projects Gain in Popularity

As mortgage rates remain historically high and the nation’s housing supply low, LendingTree has found that many homeowners are opting to tackle home improvement tasks, with nearly 70% having started or completed various projects over the past year.

Read More »

Renting vs. Buying: Examining the Cost of Homeownership

Potential first-time homebuyers looking to shift from renting to homeownership in 2023 are facing mortgage rates that are nearly 4 percentage points higher than the low point in Q4 2020, limiting their purchasing power. In a new analysis, First American Economist Ksenia Potapov revealed the costs of renting against the costs of owning a home.

Read More »

Time to Double Down on the Consumer Experience

The sales numbers may not be where lenders would like to see them yet, but people do want to buy, according to new research, and Matthew Woodhouse of ServiceLink breaks down what homebuyers are saying, and what lenders can do to win their business.

Read More »

Millennials Remain Fundamental Drivers of Homeownership

While millennials prevail as the largest generation in U.S. history, a new study from First American revealed some 51% of them are homeowners. At age 41, the millennial homeownership rate is 62%, closely following Gen X at 64%, significantly narrowing the homeownership gap over the past decade.

Read More »