Millennials are happiest in big cities, but they’re being priced out

Millennials are the only age group to be happier in cities than the countryside — a finding that could have major implications for real estate.

The top 8 winners and losers of Trump’s tax plan

To clear up much confusion over the new Tax Cuts and Jobs Act of 2017’s impact on homeowners, buyers and investors, here’s a recap of eight top real estate winners and losers.

What’s the connection between birth rates and home values?

According to Zillow’s latest analysis, birth rates among 25- to 29-year-old women decreased in counties with the fastest home price appreciation. On average, a 10 percentage point rise in home values correlates with a 1.5 percentage point drop in birth…

Washington and Texas are the top destinations for millennial movers

Millennials are flocking to smaller cities in large numbers and abandoning major metropolises like New York and Los Angeles, according to a new study from SmartAsset, a tech-based financial education company.

Gen Z—The Next Wave of Consumer Game Changers?

Generation Z, loosely defined as the generation born anywhere from 1995 or 1998 to 2016, is predicted to hit the post-college marketplace in much the same way as millennials—managing considerable debt. Yet, simultaneously, they’re gaining traction as the next consumer powerhouse, representing billions of dollars for retailers and more. Regarded as the most diverse and […]

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Home-Buying Millennials Face Fresh Set of Struggles

Across ages, buyers are contending with a frenzied market—but for millennials, the challenges are different than in generations past, according to a new report by Trulia. An astounding 98 percent of home-buying millennials surveyed for the report are being kept out of the market, with barriers including credit (cited by 26 percent of millennials), a […]

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Closings for Millennials Speed Up

Closings for millennials are at their speediest yet: 39 days in March, according to Ellie Mae’s Millennial Tracker™, a measure of millennial mortgages. “With the ongoing adoption of digital mortgage solutions, millennial homebuyers were able to close purchase loans in 39 days in March—the shortest amount of time since Ellie Mae began tracking millennial loan […]

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What are millennials willing to give up for their ideal neighborhood?

In the face of historically low inventory levels, millennials, more than any other generation, are willing to make major compromises to live in the neighborhood or the home of their dreams.

5 Challenging Markets for Millennials

Across the country, buyers are competing in what has been called the “harshest market yet“—but for millennials, the competition is fiercest in higher-income metros, according to an analysis by realtor.com®: San Jose, Calif. List Price (Median): $1,244,000 Millennial Income: $109,800 Millennial Population: 14.3 percent Seattle, Wash. List Price (Median): $553,000 Millennial Income: $78,300 Millennial Population: […]

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Can Millennials Move On and Up?

As the biggest cohort of homebuyers, millennials are exercising influence in the market in unprecedented ways. They are at the center of demand for housing—built-up after many moved back in with their parents, and now releasing slowly, but surely, as the crash fades from memory. In fact, the majority of Power Brokers in RISMedia’s 2018 […]

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