When Boomers and Millennials Collide: Tectonic Shifts in Demographics are Coming

By Ksenia Potapov on October 6, 2023
Demographic trends are a fundamental driver of housing demand and supply and analyzing them can help us anticipate how many people will need housing, as well as roughly when, where and what kind of housing. During the pandemic, the peak of millennial demand for homeownership coincided with record-low mortgage rates and a shortage of homes for ... Read More

Housing Millennials Baby Boomers Homeownership

Millennials, Walking Around Like They Own the Place

By Ksenia Potapov on June 22, 2023
Amid the roller coaster housing market of the past few years, National Homeownership Month presents an opportunity to examine a fundamental driver of homeownership and housing demand—demographics. In fact, there’s one generation in particular that will remain a driving force of homeownership demand for years to come—the millennials. Read More

Millennials Homeownership

Why Educated Millennials Still Hold the Key to Future Homeownership Demand

By Odeta Kushi on October 10, 2022
The fall usually marks the beginning of the school year, seasonally cooler weather and a seasonally cooler housing market. But, this year, the housing market’s typical autumn slowdown is more pronounced as rapidly rising interest rates discourage buyers and sellers from entering the market. The housing market is not immune to business cycles, and ... Read More

Millennials Education Homeownership

Millennials Continued to Drive Homeownership Demand in 2021

By Odeta Kushi on July 6, 2022
In 2022, National Homeownership Month arrived in June as the housing market adjusts to higher mortgage rates amid still strong nominal house price appreciation, which have resulted in a significant decline in house-buying power. The housing boom of 2020 and 2021 was the exception, not the rule. Record-low mortgage rates, the ability to work from ... Read More

Housing Millennials Homeownership Progress Index Homeownership

What’s the Outlook for the Housing Market in 2022?

By Odeta Kushi on December 20, 2021
At first glance, the outlook for the 2022 housing market is a familiar one – strong millennial demand for homes constrained by an ongoing, historic housing supply shortage. This supply-demand imbalance generated the record house price appreciation seen in 2021 and, given this dynamic shows few signs of changing, we expect house price appreciation ... Read More

Housing Interest Rates Millennials Affordability

Does Greater Educational Achievement Increase the Likelihood of Homeownership?

By Odeta Kushi on October 14, 2021
We’re often told that education is the key to a more secure financial future. Most people spend at least 12 years of their lives as students and even more if they pursue higher education. But does more education equate to increased earning potential? And, if so, does the increased earning potential translate to a greater likelihood of becoming a ... Read More

Millennials Education Homeownership Progress Index Homeownership