Gen Z Still Believes in Homeownership — Even in Today’s Challenging Housing Market

Affordability has been one of the biggest hurdles for homebuyers in recent years, especially younger buyers entering the market for the first time. Higher home prices, limited inventory, and fluctuating mortgage rates continue to shape today’s housing landscape. But despite these challenges, a new survey from the National Association of Realtors’ consumer website shows something important: Gen Z hasn’t given up on the dream of owning a home.

According to the report, 67% of adults ages 18–27 say homeownership is an important life goal, and 69% view it as a key way to build long-term wealth. That means younger Americans are aligning with previous generations—seeing homeownership not just as a milestone, but as a strategic financial decision that can set them up for future stability.

Younger Buyers Are Adapting to Today’s Market

While affordability is absolutely a challenge, Gen Z isn’t discouraged. Danielle Hale, chief economist for the site, says younger buyers are approaching today’s housing market with clear eyes and a solid game plan.They understand what it takes to purchase a home in 2025 and are willing to put in the work.

As Hale explains, “They know affordability is a major hurdle, but they’re not giving up on the dream of owning a home. Instead, they’re adapting, focusing on career growth, saving early, and being realistic about what they can afford.”

What This Means for First-Time Buyers in 2025

The survey highlights a growing trend: Gen Z buyers are motivated, financially aware, and actively preparing for their first home purchase. Many are:

• Building credit earlier

• Prioritizing income growth

• Creating structured savings plans

• Researching first-time homebuyer programs

• Working with mortgage professionals to map out a realistic plan

In a competitive market like New Jersey, Pennsylvania, and Florida—where I originate loans—this kind of preparation makes a huge difference.

Homeownership Is Still Possible With the Right Strategy

Even with higher rates and rising prices, the path to homeownership is absolutely achievable. Planning early, understanding your buying power, and exploring all available mortgage options can open doors faster than most first-time buyers realize.

If you—or someone you know—are thinking about buying your first home, I can help you put together a clear, step-by-step plan and explore today’s best mortgage options.

👉 Start your approval today at: https://www.NewHomeApproval.com