Young buyers continue to gain market share despite affordability pressures, ICE reported Monday in its newest Mortgage Monitor report.
Tag: Millennials
ICE Mortgage Monitor: Gen Z Accounts for Record 1 in 5 Purchase Mortgage Locks
Young buyers continue to gain market share despite affordability pressures, ICE reported yesterday in its newest Mortgage Monitor report.
Today’s Homebuyers Aren’t Optimistic — They’re Adapting [sponsored content from Truework]
Truework Founder Ethan Winchell explains why Millennials and Gen Z find homeownership riskier, more stressful, and more expensive than expected.
Today’s Homebuyers Aren’t Optimistic—They’re Adapting (sponsored by Truework)
Truework Founder Ethan Winchell explains why Millennials and Gen Z find homeownership riskier, more stressful, and more expensive than expected.
Millennials Say Financial Barriers Holding Them Back From Homeownership
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.
Redfin: Almost One-Quarter of Young Buyers Used Gift or Inheritance in Down Payment
Redfin, Seattle, released a new study finding that 23.8% of Gen Z or millennials who recently bought a home used some form of family money to help fund their down payment.
NAR: Baby Boomers Account for 42% of All Home Buyers
The National Association of Realtors, Chicago, released its 2025 Home Buyers and Sellers Generational Trends report, finding that Baby Boomers were 42% of all home buyers in the past year.
Gen Z, Millennial Homeownership Rates Flat in 2024, Redfin Finds
Redfin, Seattle, found that homeownership rates for Gen Z and millennials were stagnant in 2024.
Jason Dorsey on the Strengths, Trials of a Multigenerational Industry
DALLAS–Housing and mortgage banking is one “of the only industries that ultimately serves every generation,” said Jason Dorsey, a generational researcher and President of the Center for Generational Kinetics, at the Mortgage Bankers Association’s 2025 Servicing Solutions Conference & Expo.
CardRates: Many Young Americans Spending Significantly on Housing
CardRates, Gainesville, Fla., released a survey of millennial and Gen Z Americans, finding 76.32% of respondents are spending more than 31% of their monthly income on housing.