[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fdzqfbkjye1pq":3,"$ffeh0925h8cuz":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},407,"are-millennials-finally-entering-the-market","Are Millennials Finally Entering the Market?","It appears that Millennials are finally beginning to enter the housing market. In a recent \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fblog\u002Fauthors\u002Ffrank-nothaft\u002F2015\u002F09\u002Fcorelogic-us-economic-outlook-september-2015.aspx\">report\u003C\u002Fa>, \u003Cem>CoreLogic\u003C\u002Fem> looked at the annual net change in household formations over the last decade (see graph below):\r\n\r\n","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002F01162055\u002FAre-Millenials.jpg","It appears that Millennials are finally beginning to enter the housing market. In a recent \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fblog\u002Fauthors\u002Ffrank-nothaft\u002F2015\u002F09\u002Fcorelogic-us-economic-outlook-september-2015.aspx\">report\u003C\u002Fa>, \u003Cem>CoreLogic\u003C\u002Fem> looked at the annual net change in household formations over the last decade (see graph below):\r\n\r\n\u003C!--more-->\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002FFormations.jpg\">\u003Cimg class=\"alignnone wp-image-31964\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002FFormations.jpg\" alt=\"Household Formations | Keeping Current Matters\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nIt appears this is the year that Millennials are finally moving out of their parents’ basements and finding a place of their own. And they are not all renting\r\n\r\nAccording to the National Association of Realtors’ latest \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fnews-releases\u002F2015\u002F09\u002Fexisting-home-sales-stall-in-august-prices-moderate\">Existing Home Sales Report\u003C\u002Fa>, the percentage of first–time buyers rebounded to 32 percent in August, up from 28 percent in July and matching the highest share of the year set in May.\r\n\u003Ch4>\u003Cstrong>What has kept the others from buying a home?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nRecent surveys have revealed that there are major misunderstandings as to what is required to get a mortgage in today’s lending environment. Many Americans believe you need at least \u003Ca href=\"http:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2015\u002F09\u002F03\u002Fwhat-do-you-really-need-to-qualify-for-a-mortgage\u002F\">a 780 FICO score and a 20% down payment\u003C\u002Fa>.\r\n\r\nIn reality, neither is required. Here are the mortgage statistics (FICO score, % of down payment, mortgage interest rate and debt-to-income ratio) for Millennials who have completed the mortgage process in the first half of this year \u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Farticles\u002F35151-realtor-survey-millennials-are-no-longer-renter-generation\">according to realtor.com\u003C\u002Fa>:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002FMortgage-Stats.jpg\">\u003Cimg class=\"alignnone wp-image-31965\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002FMortgage-Stats.jpg\" alt=\"Millennial Mortgage Stats | Keeping Current Matters\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nMore and more Millennials are beginning to enter the housing market. As they begin to better understand the mortgage process, we will see even greater numbers buying a home.","\r\nMore and more Millennials are beginning to enter the housing market. As they begin to better understand the mortgage process, we will see even greater numbers buying a home.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002FFormations.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers","2015-10-14T10:00:00Z","2015-10-14T18:10:02Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},406,"new-home-sales-surge","New Home Sales Surge","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F10\u002F01162038\u002FNew-Home-Sales.jpg","2015-10-13T10:00:21Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},408,"do-you-really-think-your-landlord-pays-for-repairs","Do You Really Think Your Landlord Pays for Repairs?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F10\u002F01162043\u002FHome-Repairs.jpg","2015-10-15T10:00:22Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[44,48,49,53,57,61,65,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},6,"For Sellers","sellers",{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":67,"name":68,"slug":69},34,"Senior Market","senior-market",{"id":71,"name":72,"slug":73},35,"Mortgage Rates","mortgage-rates",{"id":75,"name":76,"slug":77},38,"Move-Up","move-up",{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]