Millennials

Two-thirds of younger high-net-worth Americans feel personal responsibility to deploy wealth for society’s benefit, new study finds

MINNEAPOLIS, MN/ June 13, 2018 (STLRealEstate.News) – The definition of legacy in the U.S. is shifting from value to values, as high-net-worth Americans increasingly prioritize the impact of their money throughout their lives and beyond. This is according to a new survey from The Economist Intelligence Unit (EIU), commissioned by RBC Wealth Management. While respondents … Continue reading Two-thirds of younger high-net-worth Americans feel personal responsibility to deploy wealth for society’s benefit, new study finds

Battle of the Sexes: How Millennials’ Financial Attitudes, Habits Differ by Gender

PITTSBURGH/ June 13, 2018 (STLRealEstate.News) — As the saying goes, “men are from Mars, women are from Venus.” But when it comes to how each sex approaches their finances, the two groups might as well be from different universes, according to findings from the recent PNC Investments Millennials & Investing Survey. Compared to their male … Continue reading Battle of the Sexes: How Millennials’ Financial Attitudes, Habits Differ by Gender

Digital Homebuying Platform Open Listings Enters Chicago Market

CHICAGO/ May 31, 2018 (STLRealEstate.News) — The Y-Combinator, venture-backed homebuying service Open Listings is now available in Chicago after revitalizing the homebuying process in California, Washington, and Texas. The digital platform provides buyers the knowledge, tools and support they need to buy a home online, while offering a 50 percent refund on the buying agent’s … Continue reading Digital Homebuying Platform Open Listings Enters Chicago Market

America’s Top Neighborhood Vibes: Ally Home Survey Finds a “Quiet and Quaint” Neighborhood Most Popular With Americans, Followed by “Modern Millennial”

SANDY, Utah/ May 31, 2018 (STLRealEstate.News) — Where one lives is more than just a house, it reflects a lifestyle that’s important to the homeowner. But is America’s preferred neighborhood vibe still “Leave It to Beaver”: a three-bedroom house with a white picket fence? Not necessarily, according to a new independent survey from Ally Home … Continue reading America’s Top Neighborhood Vibes: Ally Home Survey Finds a “Quiet and Quaint” Neighborhood Most Popular With Americans, Followed by “Modern Millennial”

Millennials are Better Prepared for Retirement than Their Parents, J.D. Power Finds

COSTA MESA, Calif./ May 24, 2018 (STLRealEstate.News) — “Best prepared for retirement.” That’s not a superlative one might expect to describe Millennials,1 but according to the J.D. Power 2018 Group Retirement Satisfaction Study,SM released today, it’s true. Millennials are most likely of all demographic groups to have set specific retirement goals and have the highest … Continue reading Millennials are Better Prepared for Retirement than Their Parents, J.D. Power Finds

Share of Millennials Living with Mom on the Rise

SEATTLE/ May 10, 2018 (STLRealEstate.News) — More millennials age 24-36 live with their moms than at any time in the past decade, according to the latest Zillow® analysis[i]. Nearly a quarter of U.S. millennials are living at home with their mom, which translates to about 12 million young adults nationwide. Despite a strong economic recovery, … Continue reading Share of Millennials Living with Mom on the Rise

Millennials’ Parents Encouraged Them To Save, Not Invest: PNC Investments Survey

PITTSBURGH/ May 9, 2018 (STLRealEstate.News) — Now comprising the largest percentage of the workforce, with a new crop of recent graduates about to embark upon their professional careers, millennials report not feeling confident they’re saving enough for the future, according to findings from PNC Investments’ Millennials & Investing Survey. Equally troubling, more than half of … Continue reading Millennials’ Parents Encouraged Them To Save, Not Invest: PNC Investments Survey

Entry-Level Homes with ‘Farmhouse Sinks,’ ‘Wainscoting,’ or ‘Exposed Beams’ Sell for Nearly 30 Percent More than Expected

SEATTLE/ May 2, 2018 (STLRealEstate.News)– Homebuyers – especially first-time buyers shopping for entry-level homes – can expect to pay a significant premium for houses with listings that tout popular farmhouse or craftsman-inspired features, according to a new report from RealEstate.com, a Zillow Group® brand tailored to helping first-time buyers find and budget for their first … Continue reading Entry-Level Homes with ‘Farmhouse Sinks,’ ‘Wainscoting,’ or ‘Exposed Beams’ Sell for Nearly 30 Percent More than Expected