Gen Z

What You Want To Know If You’re Pursuing Your Dream of Homeownership

Buying Myths, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Move-Up Buyers /

\"WhatIf you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report […]

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More People Are Finding the Benefits of Multigenerational Households Today

Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials /

\"MoreIf you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you […]

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Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers /

\"DoIt turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how […]

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What Is Multigenerational Housing? [INFOGRAPHIC]

Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market /

Some Highlights

If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home.
Some key benefits of multigenerational living include a combined homebuying budget, s…

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Advice for First-Generation Homebuyers

Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials /

\"AdviceThe sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America, says: “Achieving this goal can […]

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Is a 20% Down Payment Really Necessary To Purchase a Home?

Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials /

\"IsThere’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is […]

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More Young People Are Buying Homes

Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy /

\"MoreThere’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their […]

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The Truths Young Homebuyers Need To Hear

Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy /

\"TheFor many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value […]

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Knowledge Is Power on the Path to Homeownership

Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials /

\"KnowledgeHomeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers […]

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