by Wells Funding Group | Nov 17, 2022 | Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials
If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of...
by Wells Funding Group | Nov 3, 2022 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...
by Wells Funding Group | Oct 27, 2022 | Demographics, For Sellers, Housing Market Updates, Millennials
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed...
by Wells Funding Group | Aug 18, 2022 | Baby Boomers, Demographics, For Sellers, Senior Market
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers...
by Wells Funding Group | Apr 15, 2022 | Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market
Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving...
by Wells Funding Group | Feb 28, 2022 | Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers
If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for...
