Housing Trends Among the Generations: What Is Gen Z Actually Looking for? [Yahoo! Finance]
Anywhere Real Estate Inc., (HOUS)
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Source: Yahoo! Finance
Members of the generation are becoming homeowners with the lowest household incomes. Additionally, they are unlikely to be married or have children under 18 in their homes. They also purchase older homes than most other buyers. Read Next: If Interest Rates Are Going Down, What Will Mortgage Rates Look Like in 2025? Find Out: How To Start Investing In Real Estate – Even If You're Not Rich Here's more about Gen Z and housing trends Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move? Jenna Stauffer , global real estate advisor at Sotheby's International Realty, said that Gen Z is looking for housing that fits their lifestyle. “They are focusing more on affordability, flexibility and convenience,” she said. “Cost is a huge concern in today's market for this generation. “There are many Gen Z buyers opting for smaller spaces or shared living arrangements because of the current affordability crisis. They have to be creative if they decide
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