Tag Archives: Western Union: Gen Y gives home sellers some hope

The nation’s 70-million strong Generation-Y demographic is more likely than other generations to spend money on hobbies, electronics and video games, but they also may be the homebuyers strapped sellers are looking for. Western Union released a study Wednesday showing that 47% of Gen-Y plan to buy a home within the next five years or less, compared to 29% of the overall population. At the same time, this generation is dealing with higher student debt levels, and they have more bills to pay when compared to any other age group. […]