Posts Tagged home buying

Millennials lead the way in growth of new home buyers

millennial couple moving into new home

Young adults in the millennial generation are leading the charge when it comes to new home buyers. Recent data from the United States Census Bureau confirms that more millennials are entering the housing market as first time buyers, with millennials representing 36 percent of homeowners overall.

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Tips for Saving Up for a Down Payment on a Home

100-dollar bills in cash

Saving up for a down payment on a home can be a challenge, especially in today’s economic climate where wages aren’t increasing at the same rate as rental prices. However, there are a few saving strategies that can help. In today’s post we’ll look at a few of those strategies and offer practical tips on how to grow your savings enough to make sizable down payment. How much do I need for a down payment? For most buyers in today’s market, financing the purchase of a home through a mortgage is the only feasible way to obtain homeownership. According to

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Millennials most active generation of home buyers for 5th consecutive year

millennial woman home buyer

Millennial home buyers are more active than any other generational group, but low inventory and climbing real estate prices continue to stall activity. According to the 2018 Home Buyer and Seller Generational Trends Report from the National Association of Realtors (NAR), 36% of all home purchases were made by millennials over the last year. This makes millennials–those who became adults around the year 2000–the most active home buying generation for the fifth consecutive year. 

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