I am thrilled to announce that I was recently featured in GoBankingRates‘ article: “6 First-Time Homebuyer Tips for Gen Z.” This was an incredible opportunity to share my insights alongside top industry experts. The article discusses how Gen Z can successfully navigate the homebuying process.
As many of you know, the path to homeownership can seem daunting, especially for younger generations facing unique financial challenges. However, I firmly believe that with the right knowledge and strategy, homeownership is absolutely within reach for Gen Z.
In the article, we dive into essential topics that every first-time buyer should consider:
- Understanding the Homebuying Process. Don’t rely on social media “gurus” — getting advice from real estate professionals and doing your homework is crucial.
- Finances & Mortgage Options. Knowing your numbers and exploring different mortgage options, including FHA and VA loans, can make a difference.
- Budgeting Beyond the Mortgage. It’s easy to think your mortgage payment is your only responsibility, but other costs are involved — like closing fees, property taxes, and home maintenance.
- Lifestyle Factors. Think long-term — will this home fit your needs for the next 5-10 years?
- The Importance of Resale Value. Even for first-time buyers, considering the potential resale value of a home is key to making a sound investment.
- Thinking Outside the Box. There are creative ways to make homeownership possible, like exploring emerging neighborhoods or considering co-buying with a non-romantic partner.
I’m passionate about empowering young buyers with the tools and information to make confident, informed decisions as they embark on this exciting journey. Owning a home may seem like a distant dream for many in Gen Z, but it’s closer than you think — and I’m here to help you make it happen.
Thanks to Stephanie Mickelson and the GoBankingRates team for including me in this feature and allowing me to contribute to such a meaningful conversation.