TransUnion, Chicago, said Generation Z consumers—those born in or after 1995—are actively seeking credit despite many of them growing up during severe economic recessions in their respective global markets.
Tag: Millennials
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CoreLogic: 2019 Home Prices Increased by 4%
CoreLogic, Irvine, Calif, said home prices increased by 4 percent annually in December—not as high as other forecasts, but at a healthier pace than in recent years.
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CoreLogic: November Home Prices Increase by 3.7% from Year Ago
CoreLogic, Irvine, Calif., reported this morning home prices rose both year over year and month over month in November. Home prices increased nationally by 3.7% from a year ago; on a month-over-month basis, prices increased by 0.5% from October.
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Analysis: More Gen Zers Than Millennials Will Own Homes
Even as Millennials age into their prime home-buying years, they’re still not keeping up with past generations, said Zillow Inc., Seattle. Furthermore, the analysis said, Gen Z could end up overwhelming Millennials in homeownership competition.
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Zillow: Shrinking Homes, More Stable 2020 Housing Market
After “extraordinary” home value growth characterized by a strong housing market in 2017 and 2018, Zillow, Seattle, said 2020 should shake down more like 2019–with the market stabilizing near historic norms.
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CoreLogic: October Home Prices Up 3.5%
CoreLogic, Irvine, Calif., said home prices increased nationally by 3.5% year over year in October and by 0.5% month over month.
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Housing Market: ‘Silver Tsunami,’ or More Bidding Wars?
Seattle-based housing giants Zillow and Redfin take different approaches to market’s future, with Zillow predicting a “silver tsunami” as Baby Boomers get set to leave their homes, while Redfin sees constricted inventories presaging a return to bidding wars in many key markets.
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November Housing Report: Most Expensive Zip Codes; Opportunity Zone Price Bump; Millennial Commutes Increase
At $7 million, Atherton, Calif.’s 94027 is the most expensive zip code for the third year in a row, according to an annual report from PropertyShark, New York.
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Millennials, Gen Z Make More Sacrifices to Become Homeowners
Zillow, Seattle, said younger buyers are more likely to make serious financial tradeoffs to buy a home, such as skipping healthcare services or cutting back on insurance.