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Millennials

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Could a Multigenerational Home Be the Right Fit for You?

March 7, 2023

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home …

Read moreCould a Multigenerational Home Be the Right Fit for You?

More People Are Finding the Benefits of Multigenerational Households Today

November 17, 2022

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you …

Read moreMore People Are Finding the Benefits of Multigenerational Households Today

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

November 3, 2022

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 previous generations have done it. The study explains how …

Read moreDo You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Millennials Are Still a Driving Force of Today’s Buyer Demand

October 27, 2022

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 the renter generation, that namesake may not be …

Read moreMillennials Are Still a Driving Force of Today’s Buyer Demand

Millennials: Do You Need a Home with More Space?

February 28, 2022 by True Lending Company

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the …

Read moreMillennials: Do You Need a Home with More Space?

Advice for First-Generation Homebuyers

December 14, 2021 by True Lending Company

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America, says: “Achieving this goal can …

Read moreAdvice for First-Generation Homebuyers

Is a 20% Down Payment Really Necessary To Purchase a Home?

September 22, 2021 by True Lending Company

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is …

Read moreIs a 20% Down Payment Really Necessary To Purchase a Home?

More Young People Are Buying Homes

August 19, 2021 by True Lending Company

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their …

Read moreMore Young People Are Buying Homes

The Truths Young Homebuyers Need To Hear

July 7, 2021 by True Lending Company

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value …

Read moreThe Truths Young Homebuyers Need To Hear

Is Homeownership Still Considered Part of the American Dream?

March 31, 2021 by True Lending Company

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many …

Read moreIs Homeownership Still Considered Part of the American Dream?

Millennials: Is It Time to Buy a Bigger Home?

February 16, 2021 by True Lending Company

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending …

Read moreMillennials: Is It Time to Buy a Bigger Home?

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