{"id":2497,"date":"2019-10-15T05:00:22","date_gmt":"2019-10-15T10:00:22","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/be-on-the-lookout-for-gen-z-the-next-generation-of-homebuyers\/"},"modified":"2019-10-15T05:00:22","modified_gmt":"2019-10-15T10:00:22","slug":"be-on-the-lookout-for-gen-z-the-next-generation-of-homebuyers","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/be-on-the-lookout-for-gen-z-the-next-generation-of-homebuyers\/","title":{"rendered":"Be on the Lookout for Gen Z: The Next Generation of Homebuyers"},"content":{"rendered":"

\"Be<\/p>\n

Gen Zers are the next generation of homeowners, and they\u2019re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it\u2019s never too early to start saving, so you can reach your homeownership goal sooner rather than later.<\/span><\/p>\n

You\u2019ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they\u2019re eager to become homeowners faster than you may think.<\/p>\n

According to realtor.com<\/em><\/a>,<\/em> \u201cNearly 80 percent of Generation Z members say they want to own a home before age 30,<\/em>\u201d and Concentrix Analytics<\/em><\/a> said, \u201c52% of prospective Gen Z buyers are already saving to buy a home.\u201d<\/em><\/p>\n

Wikipedia<\/em><\/a> defines Generation Z (Gen Z) as \u201cthe demographic cohort after the Millennials. Demographers and researchers typically use the mid-1990s to mid-2000s as starting birth years<\/em>.\u201d<\/p>\n

The report from Concentrix<\/em> goes a little deeper on Gen Z, identifying the main reasons this cohort wants to own homes:<\/p>\n