Many of these high - cost areas have low homeownership rates
among young buyers.
That's a solution we're backing in Congress, and it's one of the ways we can support home ownership
among young buyers and start to close that wealth gap.
It is sure to spark interest
among young buyers and those who felt the official colors looked too professional for casual users.
Most of the demand is
among younger buyers with more limited cash and credit.
The styling and tech improvements will likely boost the Trax's appeal
among younger buyers, with the car's infotainment system enhancing the driving and comfort factor — even if the interior switchgear is showing its age.
We're happy to see the Midnight Edition return to the CTS as it did to the ATS Sedan and Coupe (more on the ATS Midnight Edition), since the CTS» rivals from BMW, Audi, Mercedes - Benz, and Lexus all offer black - out appearance packages, which have been gaining in popularity in the sport - luxury space, especially
among younger buyers.
Another trend is the movement toward downtown, which seems to be very popular
among younger buyers.
Fifty - two percent of buyers consider renting while they're shopping for a home — a number that's even higher
among younger buyers.
Not exact matches
The gender gap does narrow
among younger consumers to the point where it is essentially zero
among youngest new car
buyers (age 20 - 25).
With a V - 12 engine from the Lamborghini Countach sitting up front and a 76 - gallon fuel tank, examples bought new in the prosperous 1980s were soon selling for a mere fraction of their $ 158,000 MSRP a decade later, though the recent rebound in LM002 values has been strong
among a new,
younger set of
buyers.
FAST FACT: Spark customers are
among the
youngest in the segment, and 59 percent of Spark
buyers are women — the highest rate in the segment.
Ironically, considering the Juke's purported target market of
young go - getters, that makes it a popular choice
among older
buyers.
With a more recessed front grille and more prominent front bumper,
among other design changes, Rolls Royce is aiming to attract
younger buyers, especially
young women, when it unveils the Dawn convertible in Frankfurt, reports Automotive News here:
Among American automakers, Cadillac has brought out new versions of its best - selling Seville and Eldorado; both cars are designed to attract
younger buyers.
It might be «digital fatigue,» especially
among the
young — the future book
buyers.
The growing appeal of
young adult titles
among older readers has continued to bump up the age of book
buyers for titles in that category.
Depleted confidence, high unemployment, student loan debt and poor credit are some of the things that real estate agents,
young buyers and industry researchers have cited as reasons for the decline in homeownership
among young adults.
Zero down home loans are most common
among first time home
buyers since they are typically
young married couples or single professionals who are just starting out, and haven't yet saved enough financial resources to fund a down payment.
Among the share of
buyers who said saving for a down payment was the most difficult task, millennials were most likely to cite student debt (53 percent) as the debt that delayed saving, while credit card debt was indicated more by Gen X (44 percent) and
younger boomers (36 percent).
«The return of first - time
buyers in May is an encouraging sign and is the result of multiple factors, including strong job gains
among young adults, less expensive mortgage insurance and lenders offering low downpayment programs,» said Yun.
Younger buyers tend to move to larger, higher - priced homes, but «there is a clear trend of downsizing to smaller homes among both younger and older baby boomers and the Silent Generation (those born between 1925 and 1945),» according to the
Younger buyers tend to move to larger, higher - priced homes, but «there is a clear trend of downsizing to smaller homes
among both
younger and older baby boomers and the Silent Generation (those born between 1925 and 1945),» according to the
younger and older baby boomers and the Silent Generation (those born between 1925 and 1945),» according to the study.
The survey additionally found that a growing number of millennials and
younger boomer
buyers have children living at home; student debt is common
among Gen X and boomer households; more millennials are buying outside the city; and
younger generations are more likely to use a real estate agent.
Agent use is even higher
among buyers ages 36 to 50 (87 percent) and 35 and
younger (89 percent)- the demographics most likely to have school - aged children.
As the age of recent
buyers increases, so does the rate of owning more than one home;
among Millennials, 8 percent own more than one home, which could include either a vacation home or investment property; compared to 21 percent of Gen X-ers, 28 percent of
Younger Boomers, and 27 percent of Older Boomers, and 26 percent of the Silent Generation.
Among the age groups,
younger buyers are more likely to want an agent's help understanding the home buying process, presumably because many are buying a home for the first time.
«The return of first - time
buyers in May is an encouraging sign and is the result of multiple factors, including strong job gains
among young adults, less expensive mortgage insurance and lenders offering low downpayment programs,» says Lawrence Yun, NAR's chief economist.
Despite visual content growing in popularity and importance, older homebuyers found virtual tours more useful than
younger buyers (45 percent
among the Silent Generation and baby boomers compared to 36 percent
among millennials).
Young professionals, retail employees and single parents are
among the anticipated
buyers.
Strong
buyer activity in Denver, Colorado, a city popular
among young professionals, is driving non-military
buyers into Colorado Springs, Colorado, creating an emerging hybrid community of military and non-military residents in the area, home to Fort Carson, Peterson Air Force Base, Schriever Air Force Base and the U.S. Air Force Academy.
Knowing the trends
among this group can help you to better connect with this large group of
young buyers and find out exactly what it is they're searching for.