Half of Gen Z has already started saving for a home
April 15, 2019

From Bank of America:

Latest Homebuyer Insights Report finds a majority of prospective homebuyers between the ages of 18 and 23 want to buy in the next five years, meaning they'd own before the age of 30.

The latest report also found that more than half of Gen Z has already started saving for a home, perhaps motivated by current homeowners of all ages who say the satisfaction of owning a home outweighs the challenges.

Prospective Gen Z homebuyers want to own and have started to save

A majority of prospective Gen Z homebuyers between the ages of 18 and 23 want to buy within the next five years, and more than half are already saving for a home.

Read the Bank of America's latest Homebuyer Insights Report here...

You may also like

Government to measure who gets what share of the economic pie

"Analysts take on question of how wealth is distributed among rich, poor and middle amid concern about inequality."

From 401(k) cash outs to splashy weddings, here are America's biggest money regrets

"Many people approaching retirement look back regretfully – with emptier pockets than they'd like."

Millennials are delusional about the future, but they aren't the only ones

"One-quarter of millennials who expect to retire between ages 66 and 75 have no retirement savings account."