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Millennials are marrying later, but that’s not exactly bad for homebuilders, Toll Brothers CEO says

Posted by   /  September 13, 2018  /  Real Estate  /  No Comments

millennials

By Elizabeth Gurdus | CNBC Toll Brothers CEO Douglas C. Yearley, Jr. sits down with CNBC’s Jim Cramer for an exclusive interview. The CEO shares his take on trends in the U.S. housing market with the “Mad Money” host, including an interesting trend with millennial buyers. Millennials may be frequently blamed for destroying industries like brick-and-mortar retail, but […]

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Here’s why millions of millennials are not homeowners

Posted by   /  August 10, 2018  /  Real Estate  /  No Comments

  The homeownership rate among millennials, ages 25 to 34, is around 8 percentage points lower than Gen Xers and baby boomers were in the same age group. Student loans are one of the factors at play in deciding to put off settling down. By Annie Nova | CNBC Homeownership eludes millions of millennials. A […]

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Some think millennials are home buying laggards, others do something about it

Posted by   /  July 13, 2018  /  Real Estate  /  No Comments

  Katerra doubles down on capacity, with plans for Northern California mega plant in 2019. By John McManus Solve for how millennial young adults–more of them–can attain homeownership, which is what 22-to-37 year olds want and what many of them are working for, and reports of the demise of the American Dream will be exposed […]

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Missing millennial homeownership endangers the American Dream

Posted by   /  July 12, 2018  /  Real Estate  /  No Comments

  By Andrea Riquier | Realtor.com No avocado toast jokes here. Yes, a lot has been written already about the question of millennials and homeownership. But as a new report demonstrates, the stakes are high enough that when an entire generation takes a step backward in accessing ownership, it’s worth a little extra attention. The report, out […]

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Will millennials save housing from a downturn?

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

The cohort’s delay in launching housing preference and behavior could transform into a favorable factor in an expected economic downturn ahead. By John McManus | Builder A flattening bond yield curve and a very long-in-the-tooth, albeit anemic, broad economic winning streak have gotten housing experts’ and analysts’ tongues a’wagging, Right now, by most measures, the U.S. economy only […]

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Action plans: Arizona groups teaching millennials and minorities to get involved politically

Posted by   /  June 15, 2018  /  Government and Politics  /  No Comments

    By Vivian Meza | Cronkite News Political activism can be as simple as voting for a candidate or as statement-provoking as students lying on the Capitol lawn in a “die-in,” according to a growing movement of Arizona organizations teaching millennials, minorities and other underrepresented groups how to dive deeper into community issues. Progress […]

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Millennials are moving to the exurbs in droves

Posted by   /  June 11, 2018  /  Real Estate  /  No Comments

  By Steve LeVine | Axios For years, an unwavering certitude of industry, think tanks, demographers, policy-makers and city planners everywhere has been that humanity is moving to the city: We just needed to figure out how to house, employ and feed everyone in a condensed space. Yes, but: As more and more millennials marry and have children, […]

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Where are millennials moving – 2018 edition

Posted by   /  June 6, 2018  /  Real Estate  /  No Comments

Builder Where are millennials headed, at least in terms of places they are moving to. For the second year running, SmartAsset set about finding out. Here’s what it found: SmartAsset used Census Bureau data to find out where are millennials moving. To track millennials’ mobility, we looked at immigration and emigration data from the U.S. […]

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From their parents’ basements to dream homes: Millennials are skipping starter houses

Posted by   /  May 9, 2018  /  Real Estate  /  No Comments

Elliott Pollack

By Paul Davidson | USA TODAY Mike Sullivan, 31, bought his first house a few years ago after saving up for years, but it’s not a typical one or two-bedroom starter house. He paid $360,000 for the four-bedroom, 2,700-square-foot ranch on Long Island. He calls it his “forever home.” Millennials put off buying their first home as they struggled […]

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Home buying market so brutal, some home buyers make offer sight unseen

Posted by   /  April 6, 2018  /  Real Estate  /  No Comments

By Paul Davidson | CNBC This spring home-buying season should be a coming-out party for Millennials, many of whom are finally ready to make a purchase after hunkering down for years in their parents’ basements or expensive apartments. The only problem: Much of the food at the party is gone, and what’s left is priced […]

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