Category: Millennials

More People Are Finding the Benefits of Multigenerational Households Today
Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials | November 17, 2022
More People Are Finding the Benefits of Multigenerational Households Today

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you consider this option for your…

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers | November 3, 2022
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how they’re breaking into the market:…

Millennials Are Still a Driving Force of Today’s Buyer Demand
Demographics, For Sellers, Housing Market Updates, Millennials | October 27, 2022
Millennials Are Still a Driving Force of Today’s Buyer Demand

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest…

What Is Multigenerational Housing? [INFOGRAPHIC]
Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market | April 15, 2022
What Is Multigenerational Housing? [INFOGRAPHIC]

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes…

Millennials: Do You Need a Home with More Space?
Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers | February 28, 2022
Millennials: Do You Need a Home with More Space?

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering…