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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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Demand will be robust, the report said, and with low rates, rising rents and “the ever-expending Millennial population” all contributing to that demand. The data show that millennials’ share of mortgage originations will pass 50 percent this spring — outnumbering boomers and Gen X’ers.

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The Millennial-Driven Evolution Of Jet.com

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To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. Jet.com is broadening its selection and rolling out same-day delivery in the Big Apple for kinds of items that millennials purportedly crave, like craft beer and local foods.

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Why Millennials Want To Crowdfund Their Mortgage Down Payments

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When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Millennials are shaping the market more than anyone realized.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. How are Gen X, Millennials, and Gen Z defined? This includes: What happens when your products do not properly address each generational audience?

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Millennials Spend Less While On Business Trips

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Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

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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.