A recent New York Times article spotlighted a rising trend: Gen Z is starting to buy homes, despite market challenges. While affordability remains a real concern, these younger buyers are finding creative ways to enter the market.
They’re succeeding by
- Using low-down payment programs such as FHA or HomeReady
- Accepting lifestyle trade-offs to prioritize ownership
- Exploring more affordable markets
- Buying with family support, including co-signers or shared funding
- Choosing homes that need a little vision and work
This approach is smart, not just for Gen Z, but for any buyer navigating today’s market.
What this means for buyers in Portland
- Entry-level price points are seeing more competition
- There’s value in being flexible—location, features, and condition
- Getting pre-approved with the right loan type matters more than ever
The message is clear: with preparation, creativity, and strategy, it’s still possible to buy a home—even in a high-cost environment. Whether you’re months away from making a move or just beginning to explore your options, let’s put together a plan that works for your timeline and goals.
Read the original article!
