Millennials who put off buying their first home are skipping the starter home and going straight for the dream house. They can afford pricier homes after living with parents or by getting help from their parents with the down payment.
Similar Stories to Millennials Bypass Smaller Starter Homes For Dream Houses on Bing News
USA TODAY, USA Today
Sun, 05/06/2018 - 11:00pm
BING NEWS:
- The lucky few Gen Z and millennials who broke into the housing market feel trapped in their starter homes, report says
Many Gen Zers and millennials today are forced to rent (or live with their parents) because of the sheer cost of buying a house—and the lucky few who did get on the housing ladder are now stuck in ...
10/18/2024 - 9:00 pm | View Link - 4 Places Where Starter Homes Became Affordable in 2024
These days, the terms "U.S. housing market" and "affordable" almost seem antonymous. According to the FRED, the average sales price of a new home in the third quarter of 2024 was $492,700. While ...
10/15/2024 - 12:01 am | View Link - Are Homes Getting Smaller?
Some people dream of owning large, expansive homes with plenty of room to spread out. But more recently, there’s been a push toward smaller home construction and design. During the second quarter of ...
10/14/2024 - 9:00 am | View Link - How Millennials Are Changing the Housing Market
With fewer starter homes available, millennials are increasingly buying nicer first homes than previous generations did. During the pandemic, as home showings went solely online, millennials were ...
10/14/2024 - 6:17 am | View Link - What Is a Starter Home?
Most homeowners begin with a starter home, a smaller home that needs a little TLC in a more affordable price range. But these days, starter homes are hard to come by. Starter homes are much ...
10/7/2024 - 12:59 am | View Link - More
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