Generation Z
Homeownership remains elusive for many zoomers as they continue to age into the housing market, but there do appear to be glimmers of hope in the Dallas metro. Almost 9 out of 10 zoomer households in the D-FW area were shelling out rent to a landlord instead of making a mortgage payment in 2023. While…
Generation Z is increasingly seeing homeownership, one of the long-time pillars of the American Dream, as just that — a pipe dream. That grim sentiment was captured in a survey conducted by the cash-offer home selling platform Clever Offers. Some 1,000 zoomers between the ages of 18 and 28 were polled earlier this summer, and…
In a recent study commissioned by Porch.com, Gen Zers are facing tough sledding in their formative years.
Traditionally, the younger generation hasn’t always been a fan of suburbs — which is understandable. What Gen Zer wants to live in the sedate ‘burbs away from the lively vibe of the big city? C’mon, what Zoomer wants a visit from Progressive Insurance’s Dr. Rick, the man who’ll save them from becoming their parents? Well,…
So, here comes a study that reveals the natural order of things: In terms of homeownership, younger people can’t afford what the more established older generation has done. Compounding it all are historically low inventory and skyrocketing prices. Younger generations seem to be facing two strikes before they can get the bats off their shoulders…
