redfin surveys

How Millennial Buyers Save for a Down Payment

No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments

72% of millennial homebuyers are funding their down payment the old-fashioned way: saving from regular paychecks. Twenty-four percent of millennial homebuyers took a second job to save for a down payment, down from 36 percent last year. This is according to a March survey commissioned by Redfin of over 2,000 U.S. residents who planned to …

No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments Read More »

Which is a better long-term investment?

Survey: Gen-Xers & Older Millennials Believe Stocks are a Better Investment than Real Estate

35-44 year olds were hit hardest by the housing bust just as they reached prime first-time homebuying age Less than half of homebuyers and sellers between the ages of 35 and 44 believe that real estate is a better long-term investment than the stock market, according to a survey Redfin commissioned in December of more …

Survey: Gen-Xers & Older Millennials Believe Stocks are a Better Investment than Real Estate Read More »

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