- Nov 26 2018
Millennials have grown up, and they’re taking over the suburbs.
Millennials have grown up, and they’re taking over the suburbs. Ernst & Young found that 38% of 20-36-year-olds live in the suburbs, 1% more than live in cities. Among homeowners, the divide grows, with 41% living in the suburbs compared to 31% in cities, 16% in small towns, and just 11% in rural towns. Affordability is most likely “a significant factor;” high student debt and real estate prices drive young people to urban-adjacent suburbs that let them “afford the richness of city living (including employment opportunities) at maybe lower home prices.” (CNBC)
- Jul 23 2018
Nearly 70% of Millennial homeowners regret buying their house.
Nearly 70% of Millennial homeowners regret buying their house. Bank of the West also found that about 40% think they made the wrong financial choices when buying a house, with one-third saying they “dipped into their retirement accounts.” Financial regrets aside, nearly one in five 21-35-year-old homeowners think they picked the wrong home, with some realizing it’s not the right fit for their family or discovering unexpected damages. (CNBC)
- Jun 19 2018
Millennials are powering the trends that are changing wedding traditions, forcing long-time industry giants to rethink their methods, and creating opportunities for more up-to-date startups… They might be built on tradition, but weddings are swiftly…
- May 31 2018
Startups are reshaping the wedding industry, and digital, direct-to-consumer wedding dress shopping could be the next big Millennial wedding trend… While the biggest wedding trends Millennials are seeing right now have established themselves as standbys…
- Mar 14 2018
Millennials are still being blamed for the demise of marriage, and many assume Gen Z is on the same anti-marriage path. We decided to ask them how they really feel… Ever since headlines started shouting…
- Feb 08 2018
Millennials may be delaying their walks up the aisle, but once they get there, they’re making the moment memorable by keeping up with the latest trends. We’ve been tracking what’s trending over the years, and we checked…
- Jan 31 2018
The homeownership rate is up for the first time in 14 years, meaning Millennials actually are buying homes—despite all the myths.
The homeownership rate is up for the first time in 14 years, meaning Millennials actually are buying homes—despite all the myths. The overall homeownership rate rose from 63.7% to 64.2% year over year, and households headed by someone under-35-years-old saw the highest uptick, rising from 34.7% to 36%. And if the figures aren’t convincing enough, just take it from Trulia’s chief economist: “This is happening because young households are buying homes. Full stop.” (WSJ)