Baby Boomers living in one- or two-adult households own 25.1 percent of large homes in Greater Boston, while Millennials with children own just 16.1 percent, according to a new report from Redfin.
With costs continuing to rise, prospective homebuyers are making sacrifices to achieve homeownership.
Millennials have surged ahead to become the largest group of homebuyers, marking a significant shift in the housing market’s demographic landscape, according to the latest report from the National Association of Realtors.
Affordability concerns are everywhere in the nation’s many real estate markets, and it seems to be propelling younger homebuyers to find new ways to make the math work when purchasing a new house.
A new poll suggests a huge swath of the biggest generation in America right now see huge barriers to achieving homeownership for themselves.
With Baby Boomers outbidding Millennials and Generation X in many home sales, economists at the National Association of Realtors say real estate agents should start thinking differently about what their clients need from them.
An analysis of Census Bureau data shows that 45 percent of Millennials in Greater Boston now own homes, but separate studies released in recent days suggest that the remaining 55 percent of area Millennials face a steeper path to ownership than their peers.
Interest Rates, More Production Key to Unsticking Market
The number of people between the ages of 20 and 64 in Massachusetts is projected to fall by 120,000 people by 2030, a worrying trend that a leading business group says requires aggressive countermeasures.
Millennials who move far from childhood homes are a distinct minority among others who reached adulthood in the 21st century, according to a new study by the U.S. Census Bureau and Harvard University researchers released Monday.
In the hunt for more space, houses are being built larger, with more amenities packed both inside and outside their walls. Last year, the average new house was 2,561 square feet.
Millennials now make up the largest segment of American homebuyers, new research from the National Association of Realtors has concluded.
A new survey, raises questions about whether seller’s agents and housing policy experts can look to seniors for a fresh pulse of housing inventory just as Millennials are in their prime homebuying years.
It’s been common knowledge since mid-2020 that Millennials were the big reason the Massachusetts housing market has been going haywire. But new research from Zillow suggests the blame get spread around to include Baby Boomers.
Having a run-in with the law is one of the quickest ways to disqualify yourself from homeownership, and other bites of housing news for your holiday weekend.
The National Association of Realtors reports that 18 percent of homebuyers between the ages of 41 and 65 bought a multi-generational home, which could house adult siblings, adult children, parents or grandparents under the same roof.
The share of Americans who would be hesitant to move to an area where most people have political views different from their own has increased by 31 percent since June.
Vaccine or no vaccine, COVID-19 has set the stage for what are likely to be some big, permanent changes to the real estate market
The number of homeowners seeking mortgage forbearance fell for at least eight straight weeks this summer. But that decline masks a couple of other important trends.
Sellers stayed home, buyers swamped markets statewide, the Cape posted record sales figures and urban condos kept selling. What didn’t happen in the spring-turned-summer real estate market?
