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But these expenditures are still expected to increase by over 10% compared to 2021, which is more than double the 5% historical average, the Joint Center for Housing Studies of Harvard University said.
July 19 -
Hafize Gaye Erkan, whose surprise departure from First Republic Bank disrupted the lender’s succession plans earlier this year, will become chief executive officer of Greystone as the closely held commercial-property lender expands into wealth management and private banking.
June 27 -
But the share of homes purchased by those under age 30 has fallen steadily after peaking in 2020 as prices accelerated.
April 1 -
This group is decidedly less ambivalent about the housing market — and saving and investing — than their millennial brothers and sisters.
January 23 -
As Gen Z and millennials become homebuyers, companies are adding and upgrading their apps in the hopes of gaining a greater market share.
January 21 -
Average incomes for this age group increased by 24% since 2012, but housing prices jumped 86%.
October 25 -
Though their rate of ownership lags behind preceding generations, millennial interest in purchasing property grew the most of any demographic last year, according to First American.
June 29 -
A Realtor.com survey of consumers aged 18 to 25 found that 45% share are already saving for a home.
June 24 -
The financial services company will use its new capital to invest in artificial intelligence and machine learning to cut transaction times, as well as build its own servicing platform.
June 23 -
Announced the day before the first federally recognized Juneteenth holiday, the Black Homeownership Collaborative has a seven-point initiative to improve upon racial equality in home buying in the next nine years.
June 18