As millennials reach prime home buying age, complete with higher incomes and more stable financial outlooks, another generation is easing their way into the market and heating up the competition for affordably priced starter homes. According to realtor.com’s latest Generational Propensity report released on Wednesday, the oldest Gen Zers are beginning to transition from renting to buying with their share of mortgage applications reaching 2 percent in Q4 2019.
Full Article here: Millennials and Gen Zers face off in battle for housing
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