In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high risk of extreme heat, compared to 32.3 percent of homes purchased by those under the age of 35. Continue reading
The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a “silver tsunami.” Continue reading
A new report in “The Wall Street Journal” found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today. Continue reading
Despite safety ranking high on the list of homebuyer concerns, many house hunters say they’re willing to consider purchasing in a high-risk area in exchange for affordable housing, according to a new report. Continue reading
Ileana Musa of Morgan Stanley told Inman Connect Miami attendees that as younger generations, women and Latinos shift into wealth in upcoming years, now is the time to create relationships with them. Continue reading
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