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The American Dream Of Homeownership On Hold For Millennials?

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It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. A survey by the Pew Research Center found one-third of millennials have been laid off due to the COVID-19. The hardest hit are the older millennials while the younger ones were hit by the last recession.”.

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The Millennial Real Estate Boom Beckons?

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In the 2020 National Housing Forecast from Realtor.com , a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis points. Demand will be robust, the report said, and with low rates, rising rents and “the ever-expending Millennial population” all contributing to that demand.

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Millennial Hourly Wages Higher Than Those Of Baby Boomers

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Millennial hourly wages are higher than those of any other generation, according to the latest data from Paychex. In its latest report, “ The Rise of the Millennial Employee ,” Paychex found that millennial hourly wages have been steadily increasing since 2011, while those of Generation X and Baby Boomers have been steadily declining.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

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To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. Shoppers can then buy products that can be picked up at a local store or delivered to them.

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How Millennials Are Propelling Halloween To New Retail Heights

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That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

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As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

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Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. In contrast, national bank customers are less likely to switch FIs, with 25.9 percent of national banks, versus 77.5

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