Tag: First-Time Home Buyers
Gen Z Homebuyers Leverage Social Media
Data published by Redfin revealed that 30% of Gen Zs who are aged 25 owned a house in 2022. This rate is higher than both Millenials (28%) and Generation Xs (27%) when they were the same age. Only Baby Boomers outpaced Gen Zs, with...
First-Time Homebuyers Need $30,000 More in Income Says Century 21 CEO
The past year has been tough for first-time homebuyers. The U.S. housing market has been running wild with home prices surging more than 20% in 2022 in comparison to the same period in 2021. It also didn't help that mortgage rates jumped from 3.11%...