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Generation Z is preparing for homebuying!

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Generation Z is preparing for homebuying!
People between the ages of 18 and 23 are eager to become homeowners, and many are already setting aside money for a down payment.

An article in April’s Realtor® Magazine reports that more than half of Gen Zers surveyed said they are saving for a home, and 59 percent say they plan to buy a home within the next five years—before they reach the age of 30. This according to Bank of America’s Homebuyer Insights Report, which is based on responses from nearly 2,000 people. Further, 71 percent of respondents say they know exactly what they want in their future home. (source) https://magazine.realtor/daily-news/2019/04/12/report-gen-z-is-already-saving-for-a-home

 

 

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