RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Confidence in Homeownership is Up, Millennials Especially Enthusiastic

Home Consumer
By Zoe Eisenberg
August 13, 2013
Reading Time: 3 mins read

“It makes me happy to know millennials are favorable to real estate. It means that our country is in good hands as they all want to become homeowners,” says Lee.

While consumers may be confident, the survey also highlighted a bit of confusion over interest rates; although 65 percent of respondents said they watch rates closely, 43 percent of those who say they are monitoring them believe that rates are holding steady or falling, when in actuality, rates have risen this summer.

When it comes to securing a mortgage loan, consumer sentiment reflects that it is more challenging than ever, due to strict underwriting guidelines and credit-score requirements.

“Getting a loan is a rather sobering experience now,” says Lee. “The average buyer is already uncomfortable with the process, and the changing requirements make it much more difficult. Our survey indicates that people are frustrated by the process as it stands today.”

Of all respondents, 57 percent said securing a mortgage is more difficult than it ever was prior to the market crisis, nearly 40 percent said lenders are “overly cautious” when it comes to mortgage financing, and the main emotional challenge seems to be anxiety and fear of losing a real estate opportunity. 

Page 2 of 3
Prev123Next
ShareTweetShare

Related Posts

ERA Announces Affiliation of Pennsylvania’s Miller & Associates Real Estate
Industry News

ERA Announces Affiliation of Pennsylvania’s Miller & Associates Real Estate

June 17, 2025
Eight Social Media Mistakes That Are Killing Your Real Estate Business
Best Practices

Eight Social Media Mistakes That Are Killing Your Real Estate Business

June 17, 2025
Lone Wolf Technologies Partners with Follow Up Boss to Streamline Workflows
Industry News

Lone Wolf Technologies Partners with Follow Up Boss to Streamline Workflows

June 17, 2025
builders
Industry News

Builder Confidence Continues to Fall to Historic Lows

June 17, 2025
Opendoor
Agents

Opendoor Pays $39 Million to Settle Claims It Misrepresented Predictive Powers

June 17, 2025
HomeServices
Agents

HomeServices of America Appoints Renee Gonzales as New VP of Core Services Integrations

June 16, 2025
Please login to join discussion
Tip of the Day

Top Agents Don’t Chase Leads—They Cultivate Referrals

Build lasting relationships with less stress and more results. Follow a simple daily plan to stay organized, focused and closing—no matter the market. Learn more.

Business Tip of the Day provided by

Recent Posts

  • ERA Announces Affiliation of Pennsylvania’s Miller & Associates Real Estate
  • Eight Social Media Mistakes That Are Killing Your Real Estate Business
  • Lone Wolf Technologies Partners with Follow Up Boss to Streamline Workflows

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X