by Brent Knapp | Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...
by Brent Knapp | Demographics, For Sellers, Housing Market Updates, Millennials
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers
When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”...
by Brent Knapp | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials
Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 40% of millennials who purchased homes this year have put down less...
by Brent Knapp | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to...