Young renters’ inflation rate lower than general population: Study

Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin. Continue reading

Share of first-time buyers plummets to lowest level since 1981: NAR

Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. Continue reading

Millennial and Gen Z renters are getting walloped by inflation: Study

Gen Z and millennial renters who took on a new lease in July have personal inflation rates of 11.6 percent year over year, according to a new analysis by Redfin released Thursday. Continue reading

Two-thirds of pandemic ‘boomerang kids’ still live at home

More than two years after moving in with their parents, many millennials and Gen Zers have yet to leave, according to a new report. Those still in the coop use their time to pay down debt and save for homeownership. Continue reading

Gen Z, Millennials, have taken over the vacation rental market

These groups make up the majority of vacation rental homebuyers at a composition of 51 percent, according to vacation rental management platform Vacasa’s latest report. Continue reading

Gen Z flunks homeownership test — but other age groups not far behind

Fewer members of Generation Z said they were “handy” than older groups did in a recent poll, with Generation X tallying the highest scores in a survey of 1,049 people conducted by CraftJack. Continue reading

Here’s why 73% of Americans hate their neighbors

When looking for a new abode, homebuyers and renters often prize affordability, a convenient location, enough space for living and working, and plenty of entertainment options and amenities. But there’s one specific factor that may contribute to your h… Continue reading

Young adults put pandemic savings toward down payments

Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home. Continue reading

More than half of all renters are planning a post-pandemic move

Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the past year. Continue reading

84% of Americans say homeownership is a ‘priority’

Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading