Another year, another year older for the Millennial generation. They are now in their prime home-buying years and finally coming to market. According to recent activity, 45% of the purchase loans were made to Millennials versus 43% in December. Conversely, loans made to all other generations declined during the same period from 57% to 55. Millennials buying homes is a…
A couple of banks in North Carolina are trying some new tactics to attract more customers, especially Millennials. Millennials have drawn much attention as they now represent the single largest group of consumers. Companies of all sorts, including banks and mortgage lenders, are now vying for their attention and their business. New Dominion Bank of Charlottesville has gone through a…
They say (whoever ‘they’ are) that if you stick around long enough, you’ll things come back around. Like clothing styles. You look at men’s suits today and they look a lot like the ones the Beatles wore back in the 60’s. Women appear to once again be wearing Capri pants. Ties are thinner and skirts are shorter. Slight variations. But,…
Minnesota is flying high, just like their receiver Stefon Diggs, after their miracle finish to win the NFC Divisional game on Sunday. What a finish! But that ain’t all. Experian’s annual State of Credit report reveals that Minneapolis posted the highest average credit score for 2017 at 709. Minnesota must be doing something right. Besides the miracle finish, two other…
Are Millennials Ready to Buy? We’ve been hearing for a while that the Millennial generation is poised to start buying homes. Fannie Mae and USC research appear to show it will be in 2018. That would be great for Builders, Realtors and mortgage lenders. If you build it – will they come? Builders are banking on it. With the shortage…
We knew it would happen sooner or later and so it has. The Millennial generation, the single largest group of current consumers, is finally looking to buy a home. In fact, in the past 12 months, Millennials have topped the list of home buyers. It’s time for this generation to make its mark on the housing industry and take its…
