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[...]

Ranch Cottages for Rent Bedroom Interior

Reimagine 2023 with Ranch Cottages for Rent

Unlock a lifestyle complete with sought-after amenities, flexible floorplans and more in linked locations across Georgia with Ranch Cottages for Rent! Designed with renters by choice in mind, The Cottages currently has six communities leasing, ideal for millennials, active adults and seniors searching for a new beginning! With five floorplans straight from the brilliant minds at Jim Chapman Communities, each floorplan[...]

Millennial Homebuyers on the rise

Millennial Homebuyers Are on the Rise

According to the National Association of Realtors® (NAR), the number of millennial homebuyers significantly increased over the last year! NAR is the largest trade association in the United States representing more than 1.5 million members of the residential and commercial real estate industries. In the 2022 Home Buyer and Seller Generational Trends Report, NAR studied the differences and similarities between[...]

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[...]

What’s Driving Corporations from Suburbs?

Last month, Aetna Insurance Company announced it is leaving the Insurance Capital of the World in Hartford, Connecticut for New York City. McDonald's moved from Oak Brook, Illinois, its home for decades, to Chicago's West Loop. More corporations, including Motorola, General Electric and more have decided to go downtown instead of staying in the suburbs where they have been headquartered[...]

millennial

Trend Alert: Millennial Home Buyers Choosing Dog-Friendly Homes

CNBC recently reported that "millennial-age Americans are prioritizing their furry best friends over nuptials or babies when it comes to house hunting." According a recent SunTrust Mortgage survey, 33 percent of millennials who bought their first homes said that the need for dog-friendly features including yard space, a dog-friendly community or more interior space influenced their choosing to buy instead of[...]

Study of Boomerang Millennials Forecasts Housing Market Trends

A recent study by the National Association of Home Builders (NAHB) has revealed that more than half of Millennials are "boomerang Millennials," meaning they initially move out of their parents’ home only to move back in. Because Millennials are a key demographic for the housing market, this study could have important implications for housing trends in the coming year. The NAHB[...]