Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday.
Source: Inman News
Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
Published in affordability, Analysis, Data, down payment, first-time homebuyers, Gen Z, homebuying, Markets & Economy, millennials, mortgage rates, nepo-babies, News Brief, Redfin, Select and student loan debt
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