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The Millennial Real Estate Boom Beckons?

PYMNTS

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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Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Reuters noted that other cities around the country including Boston, Austin, Texas and Raleigh, North Carolina may be attractive to millenials.

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Can a Mobile Lending App Save Millennial Credit Ratings?

Bank Innovation

Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Lenny is meant for mobile (of course) and launched today in California.

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. The Neighborhood Goods store slated to open this fall in Plano, Texas, for example, will have a bar and restaurant in the center of its space.

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Taking the Fight to Alt Lenders, Page 2

Bank Innovation

There are advantages to being local Whether they prefer to interact with an institution online or in person—or a combination of the two—millennials tend to look for organizations that are involved in making their area a better place to live. In the blue-collar community of Clute, Texas, […].

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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. Look no further than TGI Fridays’ experimental store redesign for a new location in Corpus Christi, Texas, that opened on Monday (March 7).

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Robinhood's Newest Funding Round Grows To $660M

PYMNTS

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. At the time, Robinhood said it intended to bring “hundreds” of financial services personnel onboard in 2020 in Tempe, Arizona and Southlake, Texas.

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