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Generation Z (Gen Z) is not just coming of age; they're keen on becoming financially independent and owning their own homes. According to the most recent Home Buyers and Sellers Generational Trends Report by the National Association of Realtors (NAR), an impressive 30% of Gen Z buyers have transitioned directly from living with their parents to homeownership.
If you're a Gen Z-er considering your own home, our CashUp Suite of Products can make your dream a reality. Read on to understand why and where your peers are making this crucial life move.
Why Gen Z is eager to become homeowners
Rocket Mortgage recently surveyed Gen Z to understand their homebuying motivations:
Family goals-- A significant 34% desire to start or expand their family, and what better way to do that than to secure a home?
Financial stability-- 20.8% of respondents seek the stability that comes with a fixed mortgage rate, allowing them to plan their finances better.
Our CashUp Suite of Products is designed to empower your financial decisions, offering rapid pre-approval and efficient loan processing to help you lock in that dream home, not to mention, giving you the “same as cash” buying experience.
Where Gen Z buyers are heading
If you’re ready to house-hunt, it's useful to know where others in your generation are looking. According to Lending Tree, Gen Z buyers prefer areas offering a mix of urban excitement and suburban peace.
Jacob Channel, Senior Economist at LendingTree, remarks, "Gen Z wants both city life and proximity to nature."
This is where your trusted Evergreen lender can help. Coupled with the fast and efficient mortgage options available through our CashUp Suite of Products, your loan officer can guide you through finding a perfect loan option that aligns with your budget and lifestyle preferences.
If you belong to Gen Z and are ready to step into the homebuying arena, let's connect. With CashUp Suite of Products from Evergreen Home Loan, you not only find a home that fits your life but also experience a streamlined, expedited financing process.
Ready to make your homeownership dreams come true? Contact your local Evergreen lender today!
Source: Keeping Current Matters
Program effective 9/13/2021, and is subject to change. Terms, restrictions and fees apply. For purchase loans only. Financing based on conforming loan limits. Not all applicants will qualify. Program only valid in select locations. Ask for details.
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