Remove 2012 Remove Millennials Remove Online
article thumbnail

The American Dream Of Homeownership On Hold For Millennials?

PYMNTS

It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. The last time home loans were in the low 3s was 2012 when the rate fell to 3.36 A survey by the Pew Research Center found one-third of millennials have been laid off due to the COVID-19.

article thumbnail

Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Digital Real Estate Boom (And How Long It Might Last)

PYMNTS

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. For instance, online real estate giant Zillow Group Inc. Also, continued investment in technology is enabling people to do more of their shopping and transacting online. That’s the biggest annual increase for any month since at least 2012.

Video 210
article thumbnail

Online Lending And A Tale Of Two Fed Studies

PYMNTS

Online consumer lending – in a variety of forms – has grown explosively over the last decade. Its team of economists takes a rather dim view of the online lending space and the ways in which it recruits and handles its customers – and believes that additional regulation is needed to rein in some of the excesses their research uncovered.

Study 101
article thumbnail

ViSenze Sees Visual Search Growth In eCommerce

PYMNTS

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users.

article thumbnail

The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 Investors put $2.65

article thumbnail

American Eagle Leads $3.45M Investment In Dormify

PYMNTS

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify will use the investment to scale talent, expand pop-up locations and enhance the online experience. Dormify announced a $3.45

New York 135