According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60.
The post Buying a Home Early Can Significantly Increase Future Wealth appeared first on Keeping Current Matters.
Some Highlights:
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in t...
Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over.
The post Millennials: Here’s Why the Process is Well Worth It. appeared first on Keeping Current Matters.
Did you know that 1 in 6 Americans currently live in a multigenerational household?
The post 5 Reasons to Consider Living in a Multigenerational Home appeared first on Keeping Current Matters.
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.
The post Be on the Lookout for Gen Z: The Next Generation of Homebuyers appeared first on Keeping Current Matters.
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”.
The post Millennial Buying Power Poised to Boost Homeownership appeared first on Keeping Current Matters.
On his personal website, self-made millionaire David Bach makes a striking statement:
“Not prioritizing homeownership is the single biggest mistake millennials are making.”
The post Millionaire to Millennials: The Costly Mistake of Not Buying Now appeared first on Keeping Current Matters.
Some Highlights:
According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
More and more “old millennials” (25-...
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.
The post Americans’ Powerful Belief in Homeownership as an Investment appeared first on Keeping Current Matters.
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!
The post Millennials Are Increasing the Demand for Condominiums appeared first on Keeping Current Matters.
