09/29/2023
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own homes. A huge motivation for them is wanting to start or grow their family. Along with growing a family comes establishing a home base. Another key reason the survey says Gen Z wants to buy is because homeownership can give them more stability. That’s because buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost. If you’re a member of Gen Z and are just getting started on your homebuying journey, or if you want to learn more about the process, let’s connect. That way, you have a guide to help you find a home that fits both your lifestyle and your budget.
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