Posts Tagged millennials

Millennials Prioritize Pets When Buying a Home

dog in yard

Millennials in America are putting their pets first when it comes to finding their dream home, according to information from a Realtor.com survey. A recent CNBC article delved deeper into the story, reporting that a whopping 73 percent of millennials currently own a pet. This information comes from the results of a recent survey from the American Pet Products Association. If you focus on those millennials who are also home buyers, the statistic is even greater. A full 89 percent of millennials who bought a home so far in 2018 currently own a pet, according to Realtor.com.

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Tips for getting a mortgage when you’re a millennial with student loan debt

money close up

For millennials — those who reached adulthood around the year 2000 — student loan debt is an all too common challenge that often prevents them from achieving major life milestones, including buying a home. Unlike their parents’ Baby Boomer generation, millennials faced higher tuition fees and stagnant wages, making it difficult to pay off their debt in a timely manner. This led many millennials to carry their student loan debt well past their graduation dates and has been perceived as a difficult burden to cast off, especially when applying for a mortgage.

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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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