Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later. (more…)
Millennials
Millennial Buying Power Poised to Boost Homeownership
In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes,
“The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”.
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | Simplifying the Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/06/24171052/FTHB-Demographics-ENG-MEM.jpg)
Americans’ Powerful Belief in Homeownership as an Investment
The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent. (more…)
Millennials Are Increasing the Demand for Condominiums
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! (more…)
![Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/06/04095514/20190628-MEM.jpg)
Young First-Time Buyers Are Saving for Their Dream Homes
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. (more…)