Real estate leaders praise federal housing action, stress first-time buyer help
NextHome co-CEO Keith Robinson and others are happy to see Washington address housing, but say more first-time homebuyers help is needed.
Gen Z
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Scroll, swipe, sold: Klipster app brings the TikTok effect to real estate
The platform is designed for what the company describes as a “content-first” home shopping experience, targeting Millennials and Gen Z.
Younger homeowners seek to redefine property ownership
Millennials inheriting wealth are more likely to value sustainability, walkability and community benefit over maximum financial return.
1 in 5 Gen Z adults say housing affordability is top life concern
Despite these challenges, 67% said homeownership is an important lifetime goal and 69% view real estate as a way to build wealth.
The next generation of homebuyers is ‘overloaded’ and confused
Less than half of survey respondents could correctly answer basic questions about interest rates, credit scores and retirement savings.
Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
Survey finds generational divide on economy, housing market
On the housing market, 40% of respondents expect little change. Younger generations were more likely to hold neutral or positive views.
Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit
Cotality’s survey of 1,000 recent and prospective U.S. homebuyers found that they ultimately care most about timing and confidence.
The bank of mom and dad can strain retirement
The failure-to-launch trend among Gen Z has strained their parents’ finances, with real consequences for their retirement plans.