[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2bi1035vw3l74":3,"$ffeh0925h8cuz":38,"$fbwk2pqjjqsc7":42},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":25},15476,"gen-z-the-next-generation-is-making-moves-in-the-housing-market","Gen Z: The Next Generation Is Making Moves in the Housing Market","\u003Cp>Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence.\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230825\u002F20230828-Gen-Z-The-Next-Generation-Is-Making-Moves-in-the-Housing-Market.png","\u003Cp>Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to \u003Ca href=\"\u002F2023\u002F07\u002F04\u002Famericans-still-view-homeownership-as-the-american-dream\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership\u003C\u002Fa>. According to the latest \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2023-home-buyers-and-sellers-generational-trends-report-03-28-2023.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cem>Home Buyers and Sellers Generational Trends Report\u003C\u002Fem>\u003C\u002Fa> from the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own homes.\u003C\u002Fp>\u003Cp>If you’re a member of this generation, and you’re interested in pursuing your own \u003Ca href=\"\u002F2023\u002F08\u002F02\u002Fhow-to-know-if-youre-ready-to-buy-a-home\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">dream of homeownership\u003C\u002Fa>, here’s some information you may find helpful on why and where your peers are buying.\u003C\u002Fp>\u003Ch4>\u003Cstrong>The Reasons Gen Z Want To Become Homeowners\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>A recent survey by \u003Cem>Rocket Mortgage\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.rocketmortgage.com\u002Flearn\u002Fgen-z-home-buying#:~:text=Of%20those%20surveyed%2C%2034%25%20said,eager%20to%20establish%20a%20household.\" rel=\"noopener noreferrer\" target=\"_blank\">identifies\u003C\u002Fa> some of the top \u003Ca href=\"\u002F2023\u002F06\u002F02\u002Freasons-to-own-your-home-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">motivators\u003C\u002Fa> driving Gen Z buyers to purchase a home:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“\u003C\u002Fem>\u003Cem style=\"color: rgb(28, 27, 26);\">Of those surveyed, \u003C\u002Fem>\u003Cstrong style=\"color: rgb(28, 27, 26);\">\u003Cem>34% said that starting or growing their family was their main motivation\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem style=\"color: rgb(28, 27, 26);\"> to buy a home. . . .\u003C\u002Fem>\u003Cem> \u003C\u002Fem>\u003Cem style=\"color: rgb(28, 27, 26);\">Along with growing a family comes establishing a home base.” \u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>Another key reason the survey says Gen Z wants to buy is because \u003Ca href=\"\u002F2023\u002F05\u002F24\u002Fowning-a-home-helps-protect-against-inflation\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership\u003C\u002Fa> can give them more stability (20.8%). That’s because buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost.\u003C\u002Fp>\u003Cp>When you have a fixed-rate mortgage on your home, you can lock in your monthly payment for the duration of your loan, often 15 to 30 years. If you keep renting, you don’t have that same benefit, and you won’t be protected from rising housing costs.\u003C\u002Fp>\u003Cp>So, if you’re ready to start a new chapter in your life or if you’re craving more \u003Ca href=\"\u002F2023\u002F07\u002F21\u002Freal-estate-continues-to-be-the-best-investment-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">stability\u003C\u002Fa>, know that your peers feel the same way, and those motivators are why they’re turning to \u003Ca href=\"\u002F2023\u002F07\u002F20\u002Fowning-your-home-helps-you-build-wealth\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership\u003C\u002Fa>.\u003C\u002Fp>\u003Ch4>\u003Cstrong>Gen Z's Next Stop: Where Are They Making Their Moves?\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>If those reasons have you feeling ready to buy, here’s some information on \u003Ca href=\"\u002F2023\u002F08\u002F14\u002Fwhere-are-people-moving-today-and-why\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">where\u003C\u002Fa> your peers are finding their homes that could help you with \u003Ca href=\"\u002F2023\u002F08\u002F17\u002Fpeople-want-less-expensive-homes-and-builders-are-responding\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">your search\u003C\u002Fa>. According to a recent \u003Cem>Lending Tree\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.lendingtree.com\u002Fhome\u002Fmortgage\u002Fthe-most-popular-us-cities-for-gen-z-homebuyers-ranked\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">survey\u003C\u002Fa>, Gen Z buyers are focusing on more affordable areas to help boost their buying power and offset the challenges that come with today’s \u003Ca href=\"\u002F2023\u002F08\u002F03\u002Fhow-inflation-affects-mortgage-rates\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rates\u003C\u002Fa>.\u003C\u002Fp>\u003Cp>Many Gen Z buyers still want the convenience and excitement of city life, but also value the affordability, open air, and space more suburban areas offer. Jacob Channel, Senior Economist at \u003Cem>LendingTree\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.nytimes.com\u002F2023\u002F06\u002F15\u002Frealestate\u002Fgen-z-home-buying.html\" rel=\"noopener noreferrer\" target=\"_blank\">explains\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>“\u003Cem>. . . they want to live in a city, but they also want to be close to nature\u003C\u002Fem>.”\u003C\u002Fblockquote>\u003Cp>Locating a home that offers both of those things requires expertise. Working with a trusted \u003Ca href=\"\u002F2023\u002F08\u002F23\u002Fwhy-you-need-a-true-expert-in-todays-housing-market\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">real estate professional\u003C\u002Fa> can help you find a home in your budget and desired area. Your agent will know the most affordable neighborhoods to search in. They can also highlight the amenities and features that location offers and how those are aligned with \u003Ca href=\"\u002F2023\u002F07\u002F03\u002Fevaluating-your-wants-and-needs-as-a-homebuyer-matters-more-today\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">your goals\u003C\u002Fa>. They’ll also be able to walk you through how things like \u003Ca href=\"\u002F2023\u002F07\u002F13\u002Fhow-remote-work-expands-your-homebuying-horizons\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">remote work\u003C\u002Fa> can help you cast a broader net for \u003Ca href=\"\u002F2023\u002F07\u002F26\u002Ftips-for-making-your-best-offer-on-a-home\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">your search\u003C\u002Fa>. \u003C\u002Fp>","\u003Cp>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.\u003C\u002Fp>",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers","2023-08-28T10:30:00Z","2023-08-28T10:30:50Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},15473,"todays-housing-market-has-only-half-the-usual-inventory-infographic","Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230824\u002FTodays-Housing-Market-Has-Only-Half-the-Usual-Inventory-KCM-Share.png","2023-08-25T10:30:00Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},15456,"why-you-may-still-want-to-sell-your-house-after-all","Why You May Still Want To Sell Your House After All","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230817\u002F20230822-Why-You-May-Still-Want-To-Sell-Your-House-After-All.jpg","2023-08-29T10:30:00Z",{"cover":39,"open":40,"shareSpread":41},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[43,47,48,52,56,60,64,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":44,"name":45,"slug":46},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":49,"name":50,"slug":51},6,"For Sellers","sellers",{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":61,"name":62,"slug":63},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]