Waldvogel & Swanson — What Millennials Want in Homeownership
"There is a huge disconnect between what Millennials want and how the industry speaks to them," Yolles said. "This is why we’re changing the language of lending at TMS. Dialing up the joy of homeownership and dialing down the angst." The survey results align to TMS’s mission to help more than one million families achieve
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Fritz Waldvogel – Assistant Vice President, Dougherty Mortgage Brena Swanson – Digital Reporter, HousingWire J. Ronald Terwilliger Foundation for. Waldvogel & Swanson – What Millennials Want in Homeownership on Vimeo
Reminder: Millennials want to buy homes! Many Millennial renters in metro Phoenix want to buy a home. But they can’t afford a 20 percent down payment, and it will take them more than a decade to come up with it, according to a new survey. It’s no revelation that Millennials are caught between rising rents and home prices. Just ask any young valley renter who is trying to save to buy.
Here’s what millennials want from their workplace In the past 25 years, one-quarter of companies have reduced the number of layers of management they have, moving toward a flatter, more grid-like.
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3 factors blocking homeownership february 22, 2017, Brena Swanson, HousingWire.com Whether Millennials want to buy a home or not, there first has to be a home available to purchase. In an interview with HousingWire, Daren Blomquist, senior vice president at ATTOM Data Solutions, identified three key factors keeping housing inventory in a drought, barring entrance for aspiring young.
"92% of millennials who don’t own a home, say they plan to buy in the next four years," Richardson said, adding millennials are more likely to cohabitate, get a mortgage and then get a home loan. "Mortgages before marriage."
Millennials are picking up the pace of moving into homeownership, but the National Association of Realtors (NAR) says not all are finding a way.
Millennials have been blamed for holding back a strong housing recovery by delaying household formation and not buying homes. But Brena Swanson of HousingWire proclaimed that to be old news in her April 28 th article (Hey Millennials – You know nothing about housing finance; housingwire.com). She reported that many housing economists have.
"Millennials are recognizing the benefits of homeownership and are eager to buy their first homes," he said. Obviously, this is good short-term news for homebuilders, generally, as it certainly means more customers. It’s also heartening on a longer-term basis, too.