Industry News

Generation Z homebuyers nab property quickly with family money

Tom Oslund

Though they still represent just a small fraction of the housing market thus far, Generation Z homebuyers are different from their older peers.

Currently, the members of Generation Z, which includes those born after 1995, are something of an anomaly: They account for only 3% of the overall population of people who purchased a home in the past year. These young homebuyers are “the...

Why millennials are flocking to Rust Belt real estate

Tom Oslund

As real estate prices in major U.S. cities continue to soar, some young buyers and renters have decided to take their business elsewhere. They're investing in homes in such states as Ohio, Michigan and Wisconsin, experts say, in search of more affordable living and new places to plant down roots.

The part of the U.S. otherwise known as the Rust Belt has been synonymous with hard times...

Gen Z gearing up to be homebuyers

Tom Oslund

The oldest members of Generation Z are setting their sights on home ownership nearly as often as millennials, according to a new survey.Property Shark, which provides data to real estate professionals, found in a recent survey that 83 percent of Gen Zers born between 1995 and 1999 plan to buy a home in the next five years. The survey defined Gen Z as those born from 1995 to 2010, but it...