Millennials & real estate

Apartment List: 79 Percent of Millennials Want to Buy a Home, But Can’t Afford One

By Joanna England / April 20, 2016 / 3 Comments

Skyrocketing prices and appraisals are good news for Dallas homeowners who want to sell, but what about those who want to buy? According to data just released by Apartment List, 79 percent of Millennials who are renting would prefer to own a home, but cite high prices as the biggest barrier to homeownership. The data, […]

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2,000 Square Feet is the Ideal Home Size: What Younger Buyers Skimp On, What People Want in a New Home

By Candy Evans / February 19, 2016 / 0 Comments

What is the ideal home size today? What are Millennials buying, if they are buying? What socio-economic group is building now? The National Association of Home Builders knows these things. The median size of homes that people wanting to build or are currently living in is 1,859 square feet. This is according to an NAHB […]

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From the Archives: 6 Ways Millennials Are Changing Real Estate Business

By Leah Shafer / December 23, 2015 / 0 Comments

For years, millennials have largely been thought of as renters, not buyers, but that has changed. Millennials, born from the early 1980s to the early 2000s, now represent the largest group of homebuyers in the U.S. at 32 percent, taking over from Generation X, according to the 2015 National Association of Realtors (NAR) Home Buyer […]

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4 Ways to Satisfy Your Millennial Customers

By Joanna England / November 18, 2015 / 4 Comments

Millennials may not have been homebuyers in the past, but it seems they’re quickly coming around to the idea – especially if you look at recent stats. In fact, according to comScore data, 65 percent of Millennials looked at real estate sites or apps in August alone. The reason? For some, it was income increases, […]

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Airbnb, Realtor.com Partnership Targets Millennials Looking to ‘Try Before Buying’

By Leah Shafer / July 31, 2015 / 4 Comments

“Try before you buy” is a hard concept to implement in the world of real estate. But a new partnership between Airbnb and realtor.com aims to do just that for potential homebuyers, letting them experience a specific neighborhood before purchasing there. The partnership is particularly focused on millennials, who now represent the largest group of homebuyers in […]

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Myth vs. Reality: 5 Unexpected Facts About Millennial Homebuyers

By Leah Shafer / July 6, 2015 / 2 Comments

There are about 79 million millennials in the U.S., and their purchasing power is estimated to be $170 billion per year. This powerful demographic, born from the early 1980s to the early 2000s, now represents the largest group of homebuyers at 32 percent, taking over from Generation X. But when it comes to millennial homebuyer behavior, it […]

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