Millennials are often described as the renter generation or being slow to join the real estate market. However, this Credit Union Times article by roy urrico reveals more millennials are becoming homeowners. Mortgages to millennials for or new home purchase continue to rise and accounted for 91% of closed loans in the month of June.
Contrary to popular opinion, millennials do actually buy homes. With that said; however, this particular population is looking for certain specific features and amenities in a primary residence, and those qualities vary from what Gen-X or the baby boomers sought out years ago.
Attendees can talk to the contractors, find professional products and see different architectural features, trends, colors and design ideas. There is a $5 fee. Children 16 and younger are free when accompanied by an adult. Here are the homes being featured.
Daren Blomquist RealtyTrac Vice President goes over best markets for Millennials to rent in 2016. Check out over 130 Million U.S. residential properties at h.
5 Things First-Time Home Buyers Must Know It’s important to know how long you plan on staying in the area. When buying and selling a home, the fees – including appraisal. “The moment I walked into the house for the first time, I was just.
Lots of articles have been written about what the ‘millennials’ are looking for in a new home, as they emerge from their parents’ spare bedroom. Spurred on by low interest rates, a better job market, and lower down payments, this 25-to-35 year old age group is slowly, but surely, embracing the idea of home ownership.
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A generational battle is raging at the heart of America’s real estate market. As retirement-ready baby boomers look for new digs, hotshot young millennials are entering the market. In the next.
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Who cares what baby boomers or generation Xers want these days in home features, interior design, and outdoor space? The cohort now poised to rule the world is the millennials – loosely defined as those born between the early 1980s and early 2000s and numbering between 80 million and 90 million.
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Realtor.com Real Estate. iOS;. Plus, we discuss millennials’ favorite home feature (is it true?) and the weirdest vacation rental rules we‘ve encountered.. featured Guide. Expert Home.