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Millennials buoyed by home prices; others not so much.

Posted by   /  February 27, 2020  /  Real Estate  /  No Comments

Elliott Pollack

By Don Kirkland | Wrangler News Home sellers in and around Tempe and West Chandler seem to be cashing in on market conditions that have sent prices soaring. At the same time, buyers seeking homes in the $350,000 range or lower can find themselves hitting a stone wall because of a severe lack of availability. […]

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Millennials Still Top of Mind for Homebuilders and Why a top CEO calls B.S. on One Trend

Posted by   /  January 24, 2020  /  By Mike Sunnucks, Real Estate  /  1 Comment

Housing panel at AZDealmakers, moderated by Jordan Rose, founder and president of Rose Law Group. / Pinal Partnership By Mike Sunnucks | Rose Law Group Reporter Millennials continue to both challenge and offer promise to home builders and the housing industry. That was one of the major themes during the 11th AZ Dealmakers forum hosted Thursday […]

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The most popular cities for millennial homebuyers

Posted by   /  January 14, 2020  /  Real Estate  /  No Comments

Minneapolis, Minnesota is on the top of the list for purchase requests from Millennials. / Wikipedia By Tendayi Kapfidze | LendingTree Millennials are growing older, and that means they’re moving up in their careers, having children and buying homes. To determine where millennials are looking to buy homes, LendingTree, one of the nation’s leading online […]

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Despite slight uptick, millennials still face homeownership challenges

Posted by   /  January 9, 2020  /  Real Estate  /  No Comments

Twitter By Lindsay Walker | Cronkite News With more than $58,000 in student loan debt from Northern Arizona University and a full-time job that barely got her from paycheck to paycheck, Kaitlin Kump never thought she would be able to buy a home in her 20s. Kump buckled down, working three or four jobs at […]

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‘OK Boomer’ marks the end of friendly generational relations

Posted by   /  November 7, 2019  /  Government and Politics, Off-Beat News  /  No Comments

Shannon O’Connor’s OK BOOMER hoodie./Credit via Shannon O’Connor Now it’s war: Gen Z has finally snapped over climate change and financial inequality. By Taylor Lorenz | The New York Times In a viral audio clip on TikTok, a white-haired man in a baseball cap and polo shirt declares, “The millennials and Generation Z have the […]

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What’s on the wish list of first-time buyers?

Posted by   /  November 7, 2019  /  Real Estate  /  No Comments

Twitter REALTOR Magazine Millennials tend to have higher expectations than older homeowners did about their ideal starter home, according to a new survey by Clovered, a home insurance resource. Millennials tend to want larger homes with modern designs. More millennials are entering the housing market for the first time. Clovered recently surveyed more than 1,000 […]

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‘Hipsturbia’: A 2020 trend

Posted by   /  September 25, 2019  /  Real Estate  /  No Comments

Brooklyn is the template for hipsturbia, a 2020 trend for real estate developers. Photo credit: Stan Honda / AFP / GettyImages / Forbes By Stephanie Vozza | Forbes As millennials become parents they’re trading in their urban dwellings for a house in the ‘burbs. Migrating out of downtowns isn’t new—kids and suburbs go together—but this […]

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Millennial’s top 10 home features

Posted by   /  August 13, 2019  /  Real Estate  /  No Comments

NAHB Eye on Housing At least four out of five millennial buyers prefer laundry rooms, hardwood front exteriors, patios and garage storage.  Conversely, they give a thumbs down to elevators, wine cellars and laminate countertops. These were among the findings from a new study by the NAHB Economics team that focused on millennial home buying […]

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Incoming wave of millennial homebuyers is a major opportunity for U.S. housing market, says Taylor Morrison CEO

Posted by   /  May 16, 2019  /  Real Estate  /  No Comments

Twitter Taylor Morrison Home CEO Sheryl Palmer sees a major opportunity for the U.S. housing market over the next decade as more millennials hit prime homebuying age. Nearly 45 million Americans will reach the general age of first-time homebuyers in the next 10 years, 3.1 million more than in the 10 years prior, according to […]

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Homeownership for older millennials quickly becoming a thing

Posted by   /  November 29, 2018  /  Real Estate  /  No Comments

  E&Y and Wells Fargo experts chime in HousingWire It appears Millennials are growing older and wiser, and the eldest in the generation are buying homes more and more, as the younger ones continue to push up demand for rentals. On behalf of Ernst & Young, Research Now conducted a survey of 1,202 20- to 36-year-old U.S. […]

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