How Gen Z Is Buying Homes

Generation Z is starting to look at home buying, and they have their own way of doing it, according to the AZ Big Media website:

Buying Online: Sixty-seven percent would consider buying a home through an online service or app, compared to 39% of millennials.

Spending Less: The median price of an existing home is $360K (USD), but Gen Z say they are only willing to spend $150K-$250K (USD).

Changing Lifestyles: The number one reason Gen Z would choose to buy a home is a lifestyle change, with 46% citing a new job, a growing family, or relocation.

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