Millennials

Younger homebuyers turn to social media, AI and each other

Affordability, Artificial Intelligence, First-Time Homebuyers, Gen Z, Housing Market, HWmember, Millennials, Social Media, Technology / Ricky Vasquez

Faced with high housing costs, economic instability and declining trust in traditional lending institutions, younger generations are redefining how they approach homeownership. A newly released NextGen Homebuyer Report — compiled by National Mortgage Insurance and financial literacy nonprofit FirstHome IQ — highlights how Gen Z and millennials are creatively navigating a changing real estate landscape. […]

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The bank of mom and dad can strain retirement

Baby Boomer, Gen X, Gen Z, HWmember, Millennials, Mortgage, Retirement, Reverse / Ricky Vasquez

The failure-to-launch trend that started with millennials is continuing with Gen Z, and many are turning to parents for assistance, according to a new column by Bloomberg. According to a 2024 Bank of America study, over half of adult Gen Zers reported that they don’t pay for their own housing. A separate study by Savings.com found

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Redfin data reinforces boomers’ desires to remain in their homes

Aging in Place, Baby Boomer, Gen X, Gen Z, HWmember, Millennials, Redfin, Reverse / Ricky Vasquez

Adding fuel to what the baby boomer generation has been consistently saying for some time, a new Redfin survey shows that one-third of all boomer homeowners have no intention of selling their home. This further legitimizes claims that a “silver tsunami” of housing inventory is unlikely to materialize from older homeowners. While another 30% said

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The pandemic made housing less affordable, but not in the obvious places

Affordability, Affordable housing, Data & Visuals, Home Price Appreciation, Housing Market, HWmember, JPMorgan Chase, Millennials, Mortgage Rates / Ricky Vasquez

The housing affordability crisis often conjures images of coastal urban cities with acute housing supply shortages and heavy land-use regulations. While these places do tend to have the highest home prices, it’s not where costs are rising the most. That’s according to a sprawling new study from JPMorgan Chase that examines affordability from a number

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Mortgage rates aren’t hampering millennials’ homebuying interest

Affordability, Baby Boomer, Gen Z, Homebuyers, Housing Market, HWmember, Millennials, Mortgage Rates, Realtor.com / Ricky Vasquez

Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com. The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across all generations said they

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The bank of mom and dad can strain retirement

Redfin data reinforces boomers’ desires to remain in their homes

The pandemic made housing less affordable, but not in the obvious places

Mortgage rates aren’t hampering millennials’ homebuying interest

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