AREF Millennial Homebuyers

Millennial Homebuyers Are on the Rise

As the largest generation in the country, Millennials are taking the homeownership world by storm. According to RentCafe, the number of Millennials who own a home has significantly increased within the last five years. With 52% of Millennials owning a home, the generation is no longer a renter-majority demographic. Millennial homeownership reached 18.2 million in 2022, making Gen Y the second fastest-growing[...]

Who is Driving the Housing Market - Millennials and Boomers

St. Bourke Examines Who is Driving the Housing Market – Millennials and Boomers

Millennials and Boomers - Both seek walkability and amenities such as shopping, dining, and entertainment St. Bourke, a leading asset management and property development company, examines the driving forces behind the current housing market. With the company's expertise in developing lots for single-family home builders and designing dynamic communities for sale and rent, St. Bourke has a unique understanding of the market[...]

Happy couples hold keys to house to depict millennials

Millennials: First Comes Love, Then Comes MORTGAGE

Tired of rising rental costs and national student debt averaging $36,635 per individual, Millennials (those aged 25 to 40) are trading their apartments and condos for a home of their own. Millennials place greater emphasis on home buying and investing when in a serious relationship, waiting to tie the knot in their thirties versus previous generations who commonly married in[...]

Home for Rent Art

Atlanta a Top 20 City for Millennial Renters

Renters’ interest in moving picked up in 2020, according to new research done by STORAGECafé that analyzed approx. 1.7 million renter applications. Despite a year marked by health-related worries and employment concerns, 18% more renters relocated in 2020 compared to 2019 at a national level. Atlanta ranked 17th among the country’s major cities in terms of renter interest, attracting mostly[...]

millenials should buy a new home

Millennials Value Homeownership Over Marriage and Children

The 2018 Fall Homebuyer Insights Report from Bank of America shows that 72 percent of millennials continue to approach life differently than generations before them as they prioritize life differently. Millennails value homeownership over almost everything else including marriage (50 percent) and having children (44 percent). These 23- to 40-year-old millennial buyers also associate the purchase of a home with being[...]

Van Hardimon Homes

Must-See Homes for Millenials and Empty Nesters by “Lifer” Van Hardimon

Imagine living in a home comfortable enough to enjoy life and spacious enough to rent a room out on Airbnb for supplemental income. It’s a new trend hitting Atlanta and Van Hardimon, President of Van Hardimon Homes joins us on today’s All About Real Estate episode to discuss how these homes are geared primarily toward millennials and empty nesters. Van Hardimon[...]

Millennial movers

Georgia Top 5 State for Millennial Movers

Good news for Atlanta home builders targeting Millennial first-time home buyers! The state of Georgia was recently ranked No. 5 for Millennial movers, while the city of Atlanta was also ranked as one of the top 10 markets for first-time home buyers – many of which are Millennials. This group, which currently totals 71 million individuals, is expected to surpass the[...]

millennial pink

Sherwin-Williams: Decorating with “New Neutral” Millennial Pink

Millennial pink. It's all over social media, in magazines and in stores. It was even the focus of a Target holiday advertising campaign. But is this pink that apparently has the millennial generation obsessed just for clothing and accessories, or is it possible that the shade can be used to attract millennial home buyers, who are changing the expectations of first-time[...]