Sentences with phrase «buying in urban neighborhoods»

Yet many will remain unable to afford buying in urban neighborhoods and be forced to consider less expensive outer suburbs — a big change from the past when people moved there by choice to find newer and bigger homes, McIlwain explained.

In a report for the ULI titled «Housing in America: The Next Decade,» McIlwain writes that many Gen Ys are deferring home ownership out of both necessity — because they can't afford to buy in the urban neighborhoods they desire — and by choice — because they see people upside down with their mortgages and realize that a house can be a trap.

Not exact matches

Whether you are living in an urban or suburban area, the age of your home, the neighborhood, and your home buying history can all influence the average cost of home insurance.

The majority of millennials» housing preferences may not be as different from previous generations as once believed, according to a new report released this week from The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream.The report finds that the majority of millennials want to own a house in the suburbs as they look to raise families and they want more space, a veer from other studies that have shown twentysomethings will likely choose walkable urban neighborhoods when it comes time to buy.