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Volume 18 - Number 12

June 13, 2014

Are Millennials Avoiding Home Purchase?

For the past year or so, the Millennial generation has been everyone’s favorite punching bag for why the housing market isn’t stronger. Depending on which study you read, this demographic group of 80 million strong just can’t manage to save enough money for a downpayment on a mortgage. Instead, they’ve been living in their parents’ basements or – gasp – renting in “group” homes. This in turn has stifled the housing recovery, or so the experts claim ...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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