Millennials & real estate

Millennial Homebuyers Present Challenges and Opportunities for DFW Housing Market

By Leah Shafer / November 2, 2016 / 0 Comments

Nationally, about half of American homebuyers are under 36, according to the latest study on consumer trends from Zillow, putting them squarely in the Millennial camp, born from the early 1980s to the early 2000s. Mail surveys from the National Association of Realtors indicate that first timers account for about 32 percent of all buyers, and Dallas Builders […]

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Here are the Top Five Things Millennials Look for in a Rental Property

By Leah Shafer / September 12, 2016 / 0 Comments

We’ve all heard the sad story of Millennials living with their parents, drowning in student debt, and working at Starbucks with liberal arts degrees. While part of that image is accurate for a percentage of the U.S. population—a recent Pew Research Study showed 32 percent of Millennials do live with the folks—a larger percentage of those 18 to 34 years old […]

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Gotta Catch Them All: Using Pokemon Go to Attract Millennial Homebuyers

By Joanna England / July 18, 2016 / 1 Comment

East Dallas has a high density of parks and public spaces: White Rock Lake, the Dallas Arboretum, and Flag Pole Hill, the dog park, as well as the myriad trails and scenic routes that wind through the neighborhoods of Lakewood and Lake Highlands. All of these reasons make this area prime for Pokemon hunters. With […]

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Should Parents Help Children Buy Their First House? 1 in 17 Silver Spooners Do Get Some Help…

By Candy Evans / May 24, 2016 / 1 Comment

Did your parents help you buy your first house? I know that down payment money is not supposed to be “borrowed,” but it can be a cash gift. Of course, with a Fannie Mae loan, you can put down as little as 3 percent for a down payment, but there are strict limits on the […]

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Education, Not Debt, is What’s Dragging Homeownership Rates Down

By Jon Anderson / May 23, 2016 / 1 Comment

Long ago I was told that it’s more lucrative to be paid to think than to do. Turns out that piece of advice is true on many levels that intersect with homeownership. Several years ago, the Federal Reserve Bank of New York released data that seemed to say that student loan debt was dragging down […]

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Why I Worry About Millennials & Home Ownership: Low Wages

By Candy Evans / April 27, 2016 / 5 Comments

Konrad Putzier, a reporter at The Real Deal in New York City, tweeted this chart yesterday. It shows the plight of NYC’s millennials: 28.4% work in retail or hospitality – up from 21.9% in 2000 – but wages are down. Annual wages in retail or hospitality are less than $30,000 a year in one of […]

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