Millennials Want Flexibility but Opt for Stability, While Seeking their American Dream, According to Bank of the West Study

TweetSAN FRANCISCO  — According to the Bank of the West 2017 Millennial Study released today, Millennials imagine themselves untethered and without boundaries, yet their actions tell a very different story of stability. Like previous generations, Millennials want to achieve the classic American Dream of owning a home, paying off debt, and someday retiring from a fulfilling career, but they also have a desire to travel, to live abroad, and to pursue their passions. This study explores the contrasts between how Millennials think of themselves and how they’re actually living, andRead More

NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and Boomers

TweetWASHINGTON  — An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year. This is according to the National Association of Realtors® 2017 Home Buyer and Seller Generational Trends study, which evaluates the generational differences1 of recent home buyers and sellers. The survey additionally found that a growing number of millennials and younger boomer buyers have children living at home; student debt is common among Gen X and boomer households; moreRead More

Hillary and Trump Supporters Actually Agree on These 3 Things, Survey Finds

TweetLOS ANGELES — In light of arguably the most controversial election in history reaching its climax, GOBankingRates surveyed over 1,000 Americans to find that a majority of voters from both parties feel unconfident that the financial state of America will improve during the next president’s term. The survey probed Americans on their confidence levels of how the wealth gap, homeownership affordability, wages and unemployment will improve in the next four years. Surprisingly, Trump and Hillary Supporters Align on 3 Financial Issues: 83% of Clinton supporters and 84% of Trump supporters aren’tRead More

Work ’till I Die? Give Me a Break! Millennials are Training for Career Ultramarathons–They Plan to Retool and Refuel Along the Way

TweetMILWAUKEE — ManpowerGroup (NYSE: MAN) – Millennials are set to run career ultramarathons and anticipate taking breaks along the way, according to a ManpowerGroup report out today. They prioritize job security and the opportunity for new challenges and types of work. Based on a global study of 1,000 Millennials from across the United States, the report provides practical advice to help employers rethink their people practices for attracting, retaining and developing Millennial workers. American Millennials are preparing to run career ultramarathons. Sixty-six percent expect to work past age 65. Thirty-twoRead More

Zillow Study: More Millennials Living with Mom

TweetSEATTLE — More millennials age 24-34 live with their momsi than at any time in the last decade, according to Zillow’s latest analysisii. In the U.S., 21 percent of 24-34 year olds live with their moms, a number that’s been steadily increasing since 2005, when just 13 percent lived with their moms. El Paso, TX has the biggest percentage of millennials living with Mom, almost 34 percent — a 12 percentage point increase since 2005. Other places with a large percentage of millennials crashing with their moms are Miami, LosRead More

Buying Beats Renting in Less Than Two Years, But Millennials Still Have Reason to Rent

TweetSEATTLE — Home buyers in Boston, New York, and Washington, D.C. have to stay in a home for at least three years to break even on a home purchase, and buyers in the Bay Area would have to stay nearly that long to make buying financially advantageous, according to Zillow’s Breakeven Horizoni analysis for the fourth quarter of 2015. Those under 35 stay employed at the same place for an average of three yearsii, so buying may not make sense for them, from a financial standpoint, even if paying aRead More

Millennial Eyeglass Wearers Interested in Choice, Cultural-Sensitivity

TweetPINELLAS PARK, Fla. — A new survey1 by Wakefield for Transitions Optical, Inc. reveals that the cultural diversity of the Millennial generation is likely influencing this group’s eyeglass preferences and expectations of eyecare professionals. The survey of Millennial eyeglass wearers (ages 18 to 34) explored factors and values that influence their purchasing behavior and their understanding of the need for UV protection. “Cultural sensitivity, giving back and having the freedom to express their personal style all emerged as being highly valued among Millennial eyeglass wearers – and are also coreRead More