Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday. Continue reading
With listings still in short supply, homebuyers are “dealing with an affordability shock” and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY. Continue reading
Interest rates are poised to fall in 2024 — a piece of much-needed news for the millions of would-be buyers and sellers who’ve been locked out of the market after an extraordinary rise in rates from 2022 to 2023. However, if burgeoning economic tailwin… Continue reading
Nearly 60 percent of millennials said they felt homeownership is more important now than it was for their parents, according to the results of a new survey released earlier this week by Bank of America. Continue reading
CEO Troy Reierson offers insights gleaned from young professionals and the way they add their unique perspectives to the practice of real estate. Continue reading
According to new Inman contributor Mariel Pamintuan-Esguerra, understanding the needs of younger clients and how they correspond to features in your local market’s housing stock will help you serve buyers more effectively. Continue reading
Candice Milano and Malessa Rambarran, the millennial co-leaders of The Milano Rambarran Team at Brown Harris Stevens, are launching their new podcast, The Build Up, to reach a wider audience. Continue reading
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market’s future. Continue reading
America was built on innovation, yet we’ve thrown up our hands when it comes to our most intractable housing problems. As real estate experts, it’s time for us to get busy. Continue reading
Millennials passed a significant milestone in 2022, with census data showing that 51.5 percent of millennials now own homes. Continue reading