Millennials Prefer Value Home Investments Versus Affordability, QuoteWizard Study Finds

SEATTLE, Sept. 30, 2020 /PRNewswire/ — QuoteWizard®, a LendingTree company, and one of the nation’s leading online insurance marketplaces released a report on states where millennials are buying more homes. When comparing homeownership rates over the six-year period, QuoteWizard found that nearly half of all states saw some growth in millennial ownership, whereas the other half saw a decline.

The biggest correlating factor QuoteWizard found to reflect millennial homeownership growth is a differential type of metric that signals the quality of home investment. This differential of home value and mortgage balance in each state can be viewed as a value metric that shows a willingness to incur mortgage debt for a value investment in a home. The differential in home value and mortgage balance metric showed a strong correlation in the top growing states for millennial homeownership.

Visit the full report here,

Key Findings:

  • The 17 states

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Havenbrook Homes, LLC et al. v. Infinity Real Estate Investments, Inc. et al.

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    Great Land Investments Offers Colorado Land for Sale – Press Release

    Great Land Investments, a company based in Las Vegas, Nevada, has announced that they are offering Colorado land for sale at relatively low prices. They specialize in helping people own land in Colorado because they know that it is difficult to find affordable land in Colorado, and even harder to look for funding. The company, which is made up of Jason and Ysaac, has the goal of helping people acquire land at low cash prices, including owner-financing.

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