About 6.2% of all folks purchasing primary homes were under 25 in 2022, according to the most recent Home Mortgage Disclosure Act data available.
Generation Z members, known for being thrifty and financially responsible, are contending with high home prices, rising mortgage rates, and a shortage of homes on the market.
Realtor.com identified metropolitan areas with the largest percentage of Gen Z buyers who closed on homes in 2022, all boasting home prices well below the national median list price.
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