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Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

by Phil Hall | Mar 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homeownership rates of Gen Z and millennials plateaued in 2024, according to a new data report from Redfin (NASDAQ: RDFN). A little more than one-quarter (26.1%) of Gen Zers were homeowners in 2024, essentially unchanged from 2023 (26.3%) and 2022 (26.2%). Before...
Report: 3 in 5 Gen Zers are Rent Burdened

Report: 3 in 5 Gen Zers are Rent Burdened

by Phil Hall | Oct 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of all renter households are burdened by rent costs, with Gen Z renters carrying the greatest burden, according to a data analysis report by Zillow (NASDAQ: Z, ZG) and its StreetEasy brand. The new data analysis, which is based on the US Census...
43-Year-Old Realtor Becomes Viral Hit Thanks to Video Edited by Gen Z Employee

43-Year-Old Realtor Becomes Viral Hit Thanks to Video Edited by Gen Z Employee

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

A 43-year-old North Carolina realtor became an unlikely viral sensation thanks to the 27-year-old video marketing manager at his company. Mike Hege, a 43-year-old realtor at Pridemore Properties in Charlotte, requested a video for presentation on his Instagram and...
Survey: Most Gen Zers Believe They’ll Never Own a Home

Survey: Most Gen Zers Believe They’ll Never Own a Home

by Phil Hall | Jul 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The majority of Gen Zers believe they will never be able to become homeowners, according to a new survey published by Clever Real Estate. In a nationwide poll of 1,000 Gen Zers, 60% of respondents were worried that will never own a home, while 18% believed they can...
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
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