What Millennial Homebuyers Really Want

Not only are today’s millenial homebuyers seeking urban lifestyles that offer accessibility, walkability, and proximity to entertainment, but they also are technologically savvy. To cater to this group, developers are building more new properties in the middle of everything—complete with amenities that foster a sense of community and wellness—and also offering the kind of high-tech…

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Realtor.com Consumer Survey Reveals First Look into 2017 Home Buying Season

The 2017 home-buying season will be characterized by a large increase in first-time homebuyers, increasing affordability issues among buyers and high demand for suburban homes, according to Realtor.com’s new Active Home Shopper Report. The study—based on September survey data of active shoppers on Realtor.com—offers insight into future home buying trends in 2017 by analyzing responses…

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Dispelling the Myth About Millennials and Homeownership

“The American Dream of homeownership is as strong today as ever.” That's the belief of HUD Secretary Julián Castro, who in a May 10 address at the National Association of Realtors' Regulatory Issues Forum said millennials are just as committed to homeownership as their parents and grandparents. Despite a widespread impression that members of the…

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Your new neighbor in the ‘burbs? A millennial. Yes, really

If you are a member of the millennial group, you are maturing and are moving to the suburbs to escape the high rents and to take advantage of better school districts for your children. According to a national poll, only 17 percent of people in this group purchased a home within a major city last…

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Millennials turn to Home Ownership in 2016

It looks like millennials are finally jumping into the home ownership phase of their grownup lives. Reports from Realtor.com identified some hot spots where millennials accounted for a significant portion of new mortgages. Some of these cities are not the usual millennial haunts: Des Moines, Iowa; Provo, Utah and the cities of Baton Rouge Lafayette,…

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