Tag Archives: Millennials

Another Top-10 List — Where Millennials are Buying Homes

Contrary to popular opinion, Millennials are buying homes today and the rate of homeownership among the demographic is going no place but up in the long run as they age.  Since 2016, Millennials have been the top homebuyer demographic cohort in the U.S. according to the National Association of Realtors® (NAR).  In the latter half …Read more

Another Top-10 List — Best States for First-Time Homebuyers

In some states it is easy for first-timers to buy a home – both the underlying required jobs are there and housing affordability and availability meshes with the requisite earnings capacity. Not all states, however, are as hospitable to the new prospective Millennial homebuyers. Ease of homeownership, however, does not automatically correspond to the location …Read more

Title Agents Take Note – It’s No Longer “E-Closing or Bust” to Improve the Consumer Experience

Industries from music to telecommunications have been completely revolutionized by innovative new advancements in technology. Consumers can now buy almost anything online – from cookies to cars. Information is available on-demand via search and our colleagues, friends and family are just an email or text away. But what about the start-to-finish homebuying process? Today, demands …Read more

Another Top-10 List — Best Housing Markets for Millennials

Millennials today make up the largest population cohort ever recorded in U.S., with an estimated 83 million in the 18 to 34 year old range. While many industry observers note that Millennials are not becoming homebuyers as did past generations, they also need to consider than their largest age group within Millennials is 24 years …Read more

How Millennials Will Innovate New Home Construction

The expected entry of millennials1 into the housing market over the next decade presents opportunities for many of our homebuilding clients, and the innovations taking place are exciting. In my previous post on the millennial generation, I talked about the strong financial case renters are seeing for buying homes today. The lack of apartments and …Read more

To Tap Into the Millennial Wave, Think Creatively

Most of us in the real estate industry have watched millennials1 grow up. We’ve seen them go to college, get into debt, face a weak job market and move back home. But they’re adults now, getting ready to start households, and they’re about to change the homebuilding sector. By now, we’re all familiar with stories …Read more