The share of first-time home buyers dropped from 24% to 21%, with younger Millennials leading at 60%, though down from 71%. Millennials have the highest median income but face challenges from rising home prices and mortgage rates, leading many to choose multi-generational living. Baby Boomers remain the largest group of buyers (42%) and sellers (55%), often using home sale proceeds for new purchases....
Miami-Dade County leads as the most competitive rental market in the US, followed by Suburban Chicago and North New Jersey. Housing shortages and rent increases persist nationwide, pushing renters towards suburbs. The US faces a shortage of about 4.5 million homes, impacting rental competition. Remote work due to the pandemic has accelerated moving trends, with millennials shifting to suburbs and people...
Compare listings
Compare