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Buyer’s Remorse Is the Latest Millennial Trend Among Homebuyers

Homeownership is supposed to be one of the great “adult” milestones: car, full-time job, marriage, home, family. And among baby boomers and Generation X, this has largely been true, but millennials are not experiencing the same satisfaction and pride previous generations have found when purchasing a home. According to a recent report from St. Louis, Mo.-based Clever Real Estate, homeownership is stressing millennials out, a lot.

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The Kids Are Not All Right

More than a third of teens still expect to be financially dependent on their parents by age 30.

In a national survey of 1,000 U.S. teenagers aged 13-18, owning a car by age 30 seemed quite achievable — 74 percent agreed they would have purchased an automobile before exiting their 20s. Many other trappings of adulthood appear further out of reach, however. The survey, conducted by Colorado Springs, Colo.-based Junior Achievement USA and Citizens Bank of Providence, R.I., found that only 60 percent of teens believe they will own a home by age 30, and less than half feel they will have paid off their student loans (43 percent) and started saving for retirement (44 percent).

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No Meeting of the Minds Between Financial Advisors and Consumers

Financial advisors and consumers are not on the same page when it comes to spending, saving, budgeting and managing money, according to collaborative research from Washington, D.C.-based Certified Financial Planner Board of Standards Inc. and Heart+Mind Strategies Advisors, based in Reston, Va.

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Misperceptions of Gratitude

When it comes to expressing gratitude to employees, the majority of CEOs not only feel this leadership strategy is important, they believe they excel at it. But do their employees agree? Not so much.

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How Engaged Is Your Talent?

A lack of leadership training could have employees looking elsewhere.

A research study of nearly 600 financial leaders, including human resource professionals and employees of financial services organizations, found that leadership or training programs play a big part in determining if/when an employee will walk out the door.

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