Millennial Buyers Flock to Low Down Payment Programs A recent report by Down Payment Resource shows 65% of first-time home buyers purchased their home with a down payment of 6% or less in January 2017. In fact, this trend is …
According to CoreLogic, millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans. CoreLogic used the information provided on rental applications and the applicants’ credit history from credit …
Millennials have surpassed baby boomers – they are now the largest generation in U.S. history. Millennials, people born between 1982-2000, make up more than 1/4 of the U.S. population, totaling 83.1 million. There has been much discussion about how millennials …
Real Estate Highlights: ‘Old Millennials’ are defined as 25-36 years old per the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. Many ‘Old …
During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. …
