Charming Home with Enormous Potential. Welcome to this wonderful opportunity to own a property in one of the most coveted neighborhoods! This home offers...
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Charming Home with Enormous Potential. Welcome to this wonderful opportunity to own a property in one of the most coveted neighborhoods! This home offers...
Discover the potential of Broadway St, Vallejo - a 2-bed, 2-bath fixer-upper waiting for your creative touch. This charming cottage invites you to envision...
Welcome to River Oaks Circle! Located in Paradise Valley. This home features 5 bedrooms 3.5 bathrooms. Located on the main level is a bedroom...
Great investment opportunity! Two houses on one lot. The main home features, Kitchen, 2 bedrooms, living room, 1 full bath, laundry room. The back...
Successful & thriving longtime running restaurant Rene's Cafe has been busy serving up Breakfast, Lunch and Dinner for over 26 years!
With Golf Course views from both front porch and back deck is set up for easy and comfortable living. A wonderful floor plan with...
Welcome to River Oaks Circle! Located in Paradise Valley. This home features 5 bedrooms 3.5 bathrooms. Located on the main level is a bedroom...
Nice 2 story home! Inside, you will find open living/dining/kitchen spaces with granite counters, a breakfast bar, and a large, double door pantry in...
This house is gorgeous and move in ready. Situated in an established, tree lined street. New roof, new flooring throughout, newly remodeled kitchen, and...
Updated and modernized darling bungalow style home offers 3 bedrooms & 2 baths with a fresh kitchen sporting newer cabinetry, quarts counters and steel...
Highly desirable 55 and older Hampton park subdivision. Located directly across from the club house and pool.
A very comfortable and upgraded home for your comfort and easy living. .. As you step into this home you'll feel right at home...
Well maintained and well established commercial units. Located in a highly visible, high traffic area on 4th Street within the famous Miracle Mile. 2042...
a 178-unit apartment community located at 2010 Pioneer Way in Santa Rosa, California. Pioneer Apartments consists of 100 one-bedroom/one-bath units and 78 two bedroom/one-and-one-half...
The Palms Apartments, a 60-unit apartment community located at 128-170 Santa Alicia Drive in Rohnert Park, California. The Palms Apartments at 128-170 Santa Alicia...
3076 Marlow Rd., Santa Rosa, CA 95403 is for sale by the RE/MAX Elite Partners in Fairfield, CA call 707.580.3499 for more information. Marlow...
Park Lane Villas, a 121-unit Condominium community located at 3751 Sebastopol Rd, Santa Rosa, California. The Park Lane Villas consist of 22 two-bedroom, two-bath units,...
Welcome to Vallejo, California! Introducing a stunning new listing that has just hit the market. This completely updated, charming home offers a wonderful combination...
You will not want to miss this beautiful contemporary townhome! Bright and airy design, nestled among the trees. Enjoy your deck off of the...
Lovely and clean 3 Bed, 2 Bath, single-story gem, located in the heart of charming Benicia. Solar Panel Powered for energy and cost efficiency....
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents’ roofs to owning their own homes.
If you’re a member of this generation, and you’re interested in pursuing your own dream of homeownership, here’s some information you may find helpful on why and where your peers are buying.
A recent survey by Rocket Mortgage identifies some of the top motivators driving Gen Z buyers to purchase a home:
“Of those surveyed, 34% said that starting or growing their family was their main motivation to buy a home. . . . Along with growing a family comes establishing a home base.”
Another key reason the survey says Gen Z wants to buy is because homeownership can give them more stability (20.8%). That’s because buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost.
When you have a fixed-rate mortgage on your home, you can lock in your monthly payment for the duration of your loan, often 15 to 30 years. If you keep renting, you don’t have that same benefit, and you won’t be protected from rising housing costs.
So, if you’re ready to start a new chapter in your life or if you’re craving more stability, know that your peers feel the same way, and those motivators are why they’re turning to homeownership.
If those reasons have you feeling ready to buy, here’s some information on where your peers are finding their homes that could help you with your search. According to a recent Lending Tree survey, Gen Z buyers are focusing on more affordable areas to help boost their buying power and offset the challenges that come with today’s mortgage rates.
Many Gen Z buyers still want the convenience and excitement of city life, but also value the affordability, open air, and space more suburban areas offer. Jacob Channel, Senior Economist at LendingTree, explains:
“. . . they want to live in a city, but they also want to be close to nature.”
Locating a home that offers both of those things requires expertise. Working with a trusted real estate professional can help you find a home in your budget and desired area. Your agent will know the most affordable neighborhoods to search in. They can also highlight the amenities and features that location offers and how those are aligned with your goals. They’ll also be able to walk you through how things like remote work can help you cast a broader net for your search.
If you’re a member of Gen Z and are just getting started on your homebuying journey, or if you want to learn more about the process, let’s connect. That way, you have a guide to help you find a home that fits both your lifestyle and your budget.
🏡 Selling your home? You may also be wondering, once you sell, how does the current supply impact your own move?
📈 Thinking of buying or selling a house and wondering how the new year holds for the housing market? Here's what the experts say.
🏡 Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone. Some people think about tapping into their 401(k) savings to make it happen.
🏡 As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January?
🏡 The idea of owning a home has always been a big part of the American Dream. It's a symbol of stability, independence, and having a place to truly call your own.
🎃 As a responsible homeowner, making your property safe for young trick-or-treaters is essential. Everyone wants an accident-free Halloween in the neighborhood, so these few tips will ensure the local kids have a scary and super-fun night.
📈 Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over...
📊 Mortgage rates may be making you wonder if selling is the right decision. Here’s what you need to know about how home equity can help.
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NavigateRE fully supports the Equal Housing Opportunity laws. NavigateRE and its parents, affiliates, subsidiaries, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #02221115
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