Gen Z’s Secrets to Home Buying Success!
Manage episode 446864573 series 2915908
It’s a tough housing market right now for most home buyers, but the age of the buyers having the most success might surprise you. Gen Zers are between the ages of 12 and 26, and research shows that the older Gen Zers between the ages of 19-26 are enthused about becoming homeowners and currently have a higher homeownership rate than earlier generations of the same age. So what’s their secret?
Hi I’m Kathy Fettke and this is Real Estate News for Investors. Just a quick mention… We are hosting a property tour in beautiful San Antonio, Texas, on Saturday, November 2nd. We’ll be meeting for cocktails along the Riverwalk on Friday night, and touring for-sale, brand-new rental properties the next day. You are welcome to join us. You can find out more at newsforinvestors.com under the Connect tab. This takes place during Day of the Dead festivities so be prepared for a very lively event!
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References: https://www.nar.realtor/magazine/real-estate-news/how-gen-z-buyers-are-succeeding-in-the-housing-market https://www.redfin.com/news/gen-z-millennial-mortgages-2023/ https://www.realtor.com/news/trends/the-top-10-surprising-metros-where-generation-z-is-buying-up-homes/ https://www.nar.realtor/newsroom/millennials-reclaim-position-as-largest-group-of-home-buyers https://smartasset.com/data-studies/gen-z-buying-homes-2024596 episoder