Posts Tagged homeownership

6 Home Appliances That Help You Live Green

induction stove modern kitchen

If you’re among the growing population of homeowners who are hoping to reduce their environmental footprint and conserve natural resources, it’s only fitting that you would want to explore green living options for your home. In today’s post, we’ll talk about six home appliances that can help you live a more environmentally-friendly life every day, from the comfort of your own home.

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Facts About Millennials and the U.S. Housing Market

Did you know that Millennials are the largest living generation by population size? With nearly 80 million Millennials in 2016, and Millennials being anyone age 19-35 during that time, the group should be dominating the housing market. Shouldn’t they? Fact: Millennials Dominate the Rental Market Unfortunately, Millennials are way behind when it comes to homeownership. According to data from Pew Research Center, as of 2016, Millennials headed only 28 million households. That’s significantly fewer than their Generation X predecessors (ages 36 to 51 in 2016) as well as their parents’ generation, the Baby Boomers (ages 52 to 70).

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Homeownership Rate on the Rise

home sold sign

In late July, the U.S. Census Bureau reported that the country’s homeownership rate increased in the second quarter of 2017. With more people owning homes, it paints an optimistic picture of the U.S. housing market’s future and indicates improvements in a variety of factors affecting homeownership, such as access to financing, inventory, and affordability. However, some experts continue to remain cautious, warning that the number of U.S. homeowners is still well below a favorable level.

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