Three-quarters of Millennials believe homeownership is out of reach for the average person in their generation and 61% say buying a home makes them feel in over their heads financially, according to Clever Offers, St. Louis.
Tag: Homeownership
Study Finds ‘Hidden’ Costs of Homeownership Hit $16,000 Annually
Zillow, Seattle, and Thumbtack, San Francisco, released a new analysis finding that the hidden costs of homeownership add up to $15,979 per year.
Almost 80% of Gen Z Believe They’re Priced Out of Homeownership, Clever Finds
Clever Real Estate, St. Louis, Mo., released a new study delving into Gen Z’s feelings about homeownership, finding 79% believe they are priced out completely.
82% Consider Homeownership Part of the American Dream, Bankrate Finds
More than eight in 10 Americans consider homeownership to be part of the American Dream, up from 78% last year and 74% in 2023, according to Bankrate, New York.
More Americans Say Homeownership Is Not Attainable, KeyBank Finds
KeyBank, Cleveland, released its 2025 Financial Mobility Survey, finding that 46% of survey respondents who don’t currently own a home say it’s not attainable for them.
Thankful for Homeownership: Sam Williamson from First American Examines Generational Trends
First American Senior Economist Sam Williamson examined homeownership trends across the generations represented at the Thanksgiving dinner table.
Thankful for Homeownership: First American’s Sam Williamson Looks at Generational Trends
First American Senior Economist Sam Williamson examined homeownership trends across the generations represented at the Thanksgiving dinner table.
MBA RIHA Report: Housing Supply Will Remain Tight as Older Americans Continue to ‘Age in Place’
As older Americans remain in their homes for longer and the homeownership rate for people over 50 continues to increase, there will be excess demand for older Americans’ homes as shifting demographics impact housing for homebuyers of all ages.
How Princess Mackie Can Teach the Value of Community Outreach #MBAIMB24
NEW ORLEANS–Community outreach can expand access to financial literacy, MBA 2024 Chairman Mark Jones and author and real estate broker Twala Lockett-Jones agreed here at the Mortgage Bankers Association’s Independent Mortgage Bankers conference.
All Star Home: West Virginia Most “House Rich” State
All Star Home, Raleigh, N.C., sought to figure out what state is the most “house rich,” a status it defined as homeownership being dominant and homes being relatively affordable compared to the local median income. Per its analysis, West Virginia took the top spot.