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Empty-nesters own twice as many large homes as millennials with children

Housing Wire

Empty-nester baby boomers own roughly twice as many of the nation’s three-bedroom-plus homes as millennials with children, according to a report from Redfin published on Tuesday. of the three-bedroom-plus homes in the country, while millennials with children own just 14.2%. The report is based on a Redfin analysis of U.S.

Equity 450
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Notarize offers a comprehensive workflow to complete remote notarizations as part of the eClosing process

Housing Wire

As millennials and Gen-Z make up more of the mortgage market, Notarize knows the desire for digital solutions will only increase and they are prepared to meet the demand. “We provide an easier, more convenient eClosing experience than the antiquated print, drive, sign paper model.

Title 381
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TransUnion: Accounts in financial hardship continued to decline in August

Housing Wire

However, borrowers may not be out of the weeds just yet as TransUnion pointed out that though serious delinquency declined, an uptick in accounts 30 days past due (DPD) may be an early indication that accounts will default and potentially be charged off – with mortgage and auto payments falling into that category.

Loans 390
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Research Spotlights Barriers to Asian American Homeownership

RIS Media

Especially among women and millennials within the community: On average from July 2020-December 2021, Asian American HSI among females (157) was 8% higher than males (145.5). 2021), Asian American HSI among millennials (159.1) 2021), Asian American HSI among millennials (159.1) over pre-COVID levels from Oct. 2021, at a 19.6%

Sales 94
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How to survive this “unprecedented” era of digital mortgage

Housing Wire

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. However, the Point of Sale category took a turn for the better in 2020. 1 Personalization. 2 Digital adoption.

Mortgages 532
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Share of Millennial homebuyers on the rise

Real Trends

Millennials (those aged 23 to 41) make up the largest share of U.S. Millennials have been the largest share of buyers since the 2014 generational trends report. Generation Z buyers and seller, those aged 18 to 22, made up just 2% of both categories, the same as a year ago.

Finance 94
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Zillow’s Predictions for the Hottest Housing Markets of 2024

Marco Santarelli

Demographics Baby boomers and millennials, two powerhouse generations, continue to shape the housing market. New Orleans, San Antonio, Denver, Houston, and Minneapolis find themselves in this category, each facing unique challenges. In 2024, only 14 of the 50 largest markets are expected to see homeownership rise.

Marketing 106