Estimated reading time: 0 minutes, 32 seconds

Gen Z, Now Buying Homes, Could Reshape the Market

Thursday, Feb 20 2020
Lending
Written by 

So-called Generation Z, the age cohort born between 1995 and 2010, has already started purchasing homes, and the characteristics of this market segment could have big implications for the industry. So writes Caliber Home Loans CEO Saniv Das for MarketWatch.

According to Realtor.com, Gen Z accounted for about 2% of primary home loan originations in the fourth quarter of 2019.

Das notes that Gen Z-ers didn’t fully experience the financial crisis so they may be more willing to take risks than millennials, and they have never known a world that wasn’t connected online so they may expect to handle the whole mortgage process digitally.

Read the full article from MarketWatch.

Read 1745 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Why California May Be the Best State for Your New Lending Business »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline