CA DRE #01333651 / KW DRE# 01932411
Gen Z is often described as completely priced out of the housing market — but the numbers tell a different story. Gen Z now represents about 20% of purchase rate locks, up 4 percentage points year over year. Nearly 1 in 3 first-time buyers is Gen Z, with an average credit score around 722 and Gen Z accounting for about 27% of FHA purchase lending. So how are younger buyers actually making homeownership work? In this video, we break down how Gen Z is financing home purchases, where their down payments are coming from, the role of personal savings and family contributions, and the growing group of young adults sometimes referred to as “shadow homeowners.” We’ll also look at what current mortgage rates, inventory, days on market and home-price growth could mean for younger buyers — and what this shift means for sellers and real estate agents. If you're a buyer wondering whether homeownership is still possible, don't assume you have to wait for the “perfect” market. Understanding your financing options could be just as important as finding the right home. Topics covered: Gen Z home buying trends First-time buyers Purchase rate locks FHA financing Down payment strategies Family contributions Personal savings “Shadow homeowners” Mortgage rates and affordability What Gen Z buyers mean for sellers and agents Have questions about your own home-buying options? Call, text, or DM me. Let's look at your numbers and figure out what options may be available to you. ✨ABOUT LINDA✨ With over 21 years as a top producer in real estate and a San Diegan for over 40 years, Linda is your number one global and local real estate connection. Linda is in Keller Williams Gary Keller's Top 100 individual agents. Her professional productivity is due to a tenacious, energetic, and passionate approach to her work, and excellent real estate service based on heart and experience. She is known for her high level of professionalism and integrity and for giving back to the community. Linda Lee has served as the National Association of REALTORS® Global Ambassador that is fluent in Chinese. 🏡Looking to Buy a Home? Search All Homes → www.buy858.com/search 🏡Looking to Sell a Home? Free Home Value Report → www.home-value-lee.paperform.co ⏩ Subscribe to my channel: @lindaleesandiego FOLLOW ME ON SOCIAL MEDIA 👉 ✨Facebook: www.facebook.com/LindaLeeSugarHomes ✨LinkedIn: www.linkedin.com/in/lindaleesugarhomes ✨Instagram: www.instagram.com/lindaleesandiego Linda Lee, Broker, CIPS Direct: 858-254-5399 Keller Williams Top 40 Individual Agent Keller Williams La Jolla 7979 Ivanhoe Ave, Suite 350 La Jolla, CA 92037 CA DRE #01333651 | KW DRE #01932411 858-254-5399 [email protected] buy858.com
6 days ago
Gen Z is often described as...What's happening in San Diego this month!!🏖😎️ #sandiego #sandiegoevents #september #sandiegoliving
6 days ago
What's happening in San Die...The Padres just got new owners and a whole new era of baseball is here 🔥 Kwanza Jones and José Feliciano are all in on bringing a World Series to San Diego 🏆 #Padres #SanDiegoPadres #SDnews #MLB #WorldSeriesBound
7 days ago
The Padres just got new own...