Homeownership Dreams of Young Buyers
Partner Content
Millennials have reached the age of homebuying and Generation Z is not far behind. As a dominant force in the economy, their needs, opinions, and behaviors could shape the future direction of the housing market.
According to Fannie Mae research, their desire for homeownership matches that of previous generations, with 88% confident they will achieve homeownership someday.
Recent studies have shown that as Baby Boomers downsize or exit the market, more homes become available, however, housing stock often does not match the needs, desires, and/or budget of younger buyers....