[Demographic-based grouping] Archive

Data Will Help Tell Your Market’s Story

The Federal Housing Finance Agency has robust data and tools that can put real estate trends into context....

One Out of 5 REALTORS® in Business Less Than a Year

Increasing the number of young people in real estate has been a longstanding goal of the industry, so it’s good news that the median age of REALTORS® dropped this year. It’s now at 53, down from 57 last year. What’s...

Reinvigorate Communities Through Generational Partnerships

Craig Lindvahl believes millennials are “the finest generation we’ve produced” and “the most effective way to grow your community.” But too often those born between 1982 and 2002 view their communities—especially small towns—as dead ends. Lindvahl, an educator, filmmaker,...

That’s Not How Millennials Work

It seems like we’ve gotten Millennials all wrong. For one, they were expected to be a generation of entrepreneurs — but in this economic tumult, they’ve traded in “meaningful work” for a 9-to-5 desk job and a steady (or...

College Kids Live Better Than They Used To

I don’t know about you, but I was a pretty poor college student. I lived in the dorms my freshman year, with about three feet of space between my bed and my roommate’s bed (both of which hugged either...

Gen Y’s ‘New Normal’

“New normal” is a phrase we’ve become familiar with in this post-bubble real estate industry. It describes the current  landscape of home prices that are lower than their peak but still healthy and steadily rising, stricter lending standards, and...

Young Adults Sour on Buying? Study Says No

A number of news articles during the thick of the housing bust and even some today suggest that younger households have been spooked out of buying a home because of market uncertainties. “The younger you are, the more freaked...

The Future of 55+ Housing

The numbers are looking up for the 55-plus housing market. But there’s a question of how long these numbers will be available, according to the National Association of Home Builders (NAHB). At a briefing during the group’s annual conference,...

Established Households Dominate Market

With prices attractive and interest rates still historically low, it’s not just a tagline that now is a great time to buy, especially for younger households. But NAR’s recently released 2012 Home Buyer and Home Seller Survey shows that...

43 Million More Housing Units to Sell and Rent

Between now and 2050, the U.S. is expected to grow to about 403 million people. It’s about 310 million today. That’s almost 100 million more people and they have to live somewhere, and looking at today’s total inventory of...