Baby Boomers
Before they were kneecapped by the global COVID-19 pandemic, Millennials were held at arm’s length from homeownership by crushing student debt and an incredibly competitive seller’s market. However, this generation has rebounded throughout the U.S. Unfortunately, Millenials in Dallas haven’t felt the rising tide that lifts all homeownership boats. In fact, at an average age…
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From Staff Reports The share of Baby Boomers has surpassed Millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors. The 2023 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations,…
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So, here comes a study that reveals the natural order of things: In terms of homeownership, younger people can’t afford what the more established older generation has done. Compounding it all are historically low inventory and skyrocketing prices. Younger generations seem to be facing two strikes before they can get the bats off their shoulders…
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A Zillow analysis of the age, sex, race, and income of homebuyers over a decade find that millennials and boomers compete for homes in a big way.
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More Americans are migrating from expensive, densely populated urban areas to less-pricey, coastal locales according to CoreLogic’s recent report on the hottest metro areas for migration. CoreLogic’s report states that secondary cities — large cities adjacent to major metros — were the target for homebuyers looking to get more housing bang for their buck. This…
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