Surprising homeownership trend surges among Gen Z and Millennials
Younger buyers are seeking out alternative pathways to homeownership in the midst of affordability challenges.
Homebuyers have navigated a challenging market in recent years, with rising prices and stubborn mortgage rates fueling dampened homebuyer demand. Ongoing housing gridlock and economic uncertainty have made buyers hesitant to commit to a multi-decade mortgage loan.
Young buyers in particular face unique set of challenges, as they attempt to balance the rising cost of living, student loan debt, an unpredictable job market with saving to buy a home.
