The Most Important Features Millennials Want in Their Homes

There’s no doubt that millennials have finally entered the housing market. In fact, they currently make up 35 percent of buyers throughout the U.S. Approximately 68 percent of all first-time home buyers fall into this age bracket as well. But what do they want inside their homes? Here, RISMedia uncovered the four main features millennials…

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One in Three Recent Homebuyers Made an Offer Sight-Unseen, Up from Nearly One in Five a Year Ago

Thirty-three percent of people who bought a home during the past year made an offer without first seeing the home in person, according to a May survey of 3,350 homebuyers and sellers commissioned by Redfin. In a similar survey completed last year, 19 percent of buyers said they had offered sight-unseen. Among recent millennial homebuyers,…

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NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and Boomers

An improving economy, multiple years of strong job growth and a notable increase in home values in most markets fueled a greater share of purchases from Generation X households during the past year. According to the National Association of Realtors’ 2017 Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent…

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Millennials Continue to Compete in Housing Market

As the traditional home buying season kicked off, the seller held the upper-hand as low housing inventory drove competition among homebuyers, including millennials. However, the competitive market did not deter millennials—even in some of the most expensive markets—as the percentage of purchase loans among these borrowers steadily increased to 89 percent in April, up from…

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The Five Real Estate Trends That Will Shape 2017

Realtor.com’s economic data team has once again analyzed its market data and economic indicators to develop a picture of the key housing trends for 2017. Here are some of the key predictions for the coming year: Millennials and boomers will move markets In 2017, the U.S. real estate market will be in the middle of…

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