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  • Wed, 21 Mar 2018 18:17:12 UTC
    - Current Weather Conditions In Hampton, NH
    Cloudy, and 36 ° F. For more details?

    Wed, 21 Mar 2018 18:17:12 UTC
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    Realty News:
    Wed, 21 Mar 2018 17:02:48 GMT
    - Move Over Millennials, Gen Z is Already Buying Homes

    Posted To: MND NewsWire

    Who's afraid of growing up? Apparently not Generation Z. The post-Millennial crop of kids, those born in 1995 and later, are already moving into homeownership. Maria Lamagna, writing for MarketWatch says just shy of 100,000 members of Gen Z, whose ages top out at 23, have a mortgage. Their average loan balance is $140,000. Millennials have been notorious late bloomers , lagging earlier generations in marrying, starting families, and buying homes. For Gen Z it is very early in the traditional homebuying cycle, but TransUnion reports they already held 99,000 mortgages in the 4 th quarter of 2017. This was dwarfed of course by the 12 million Millennials, but members of the much smaller Generation X had 24 million mortgages, as did nearly 27 million baby boomers and 5.1 million members of the Silent...(read more)

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    Kennedy & Loiseau Real Estate
    183 North Shore Road, Hampton, NH 03842
    Office: (603) 929-4030
    or (603) 661-4478

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