Talking Points …
- The latest Zillow Housing Confidence Index showed that 46 percent of Millennial renters expressed confidence in purchasing a home, compared to 50 percent six months ago.
- The semi-annual U.S. Housing Confidence Survey, sponsored by Zillow and conducted by Pulsenomics, asked 10,000 renters and homeowners about the condition of their local real estate market.
- Zillow Chief Economist Svenja Gudell commented, “It’s often assumed that homeownership holds little interest for these groups, or that they may feel the challenges in achieving homeownership aren’t worth the benefits. But that’s simply not true, and their optimism and determination today will be hugely important to the stability and growth of the housing market tomorrow. These Americans represent the next generation of U.S. homeowners.”