by Anthony | Jul 27, 2020 | Millennials, Moving, Real Estate News
According to SmartAsset, the state from where the most rich Millennials are leaving is New York. New York lost a net 5,533 rich Millennials from 2017 to 2018. Recent anecdotal evidence is reinforcing this trend, with adjacent regions surrounding the New York City...
by Anthony | Feb 4, 2020 | Millennials, Mortgages
The Federal Reserve reported that outstanding U.S. mortgage debt increased 1.2% to $15.8 trillion in the third quarter of 2019 from Q2 2019. This increase represents the largest quarter-to-quarter gain in almost two years, much of which is due to the robust demand for...
by Anthony | Jan 29, 2020 | Millennials, Mortgages, Real Estate News
Getting into the market, specifically the real estate market, requires crossing a number of thresholds financial thresholds. For lenders, credit scores still play a big part of the process. Lenders differ, but most require a 620 score, with 580 representing the floor...
by Anthony | Dec 9, 2019 | Millennials, Real Estate News
Today it’s not only technology that is shifting the way real estate professionals do their work. The consumer, the first-time buyer especially, is changing in terms of their demographic. As indicated by Pew Research, marriage rates have continued to decline, and...
by Anthony | Jan 11, 2019 | Millennials
Millennial Update A Breakdown of Prospective Millennial Buyers■ 89% of Millennial renters say they plan to buy a home someday■ 4% expect to buy in 2019 ■ 30% say they will wait at least 5 years ■ 72% see affordability as the biggest obstacle for their purchase■38% say...
Recent Comments