Salt Lake City has the largest share of Generation Z home shoppers in the nation, according to a report by LendingTree.
SALT LAKE CITY — Salt Lake City has the largest share of Generation Z home shoppers in the nation, according to aThe older members of Gen Z — the generation born between 1997 and 2012 — are entering the housing market, and they made up nearly 22.6% of mortgage requests in the Salt Lake City area in 2022, according to a June report by the online lending site.
That's even though housing costs in Utah have skyrocketed over the past several years. However, housing prices in the state are down year over year. As higher mortgage rates pushed the national market into correction mode, the West's real estate prices have been hardest hit. In Utah's most populous county, Salt Lake County, the median price for all housing types dropped to $495,000, a 10.8% decline year over year, according to the Salt Lake Board of Realtors.
After Salt Lake City, other metros popular with Gen Z include relatively inexpensive Oklahoma City with 22.4%, and Birmingham Alabama, at 20.79%, according to LendingTree.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Temperatures swelter in the West as record highs are reached in Salt Lake City and PhoenixA record-breaking temperature of 106 degrees Fahrenheit was reached on Saturday in Salt Lake City, beating the previous high temperature record for the day of 104 achieved in 2022, 2006 and 2003, according to the National Weather Service.
Leer más »
Paramore postpones Salt Lake City show, 3 others due to illnessCONCERT RESCHEDULED: Paramore has postponed four shows for their 2023 tour, including one in Salt Lake City, due to an illness.
Leer más »
Salt Lake City hosting a delegation from Matsumoto, Japan, one of the capital’s sister citiesOn Pioneer Day, Mayor Erin Mendenhall and Mayor Yoshinao Gaun of Matsumoto, Japan — one of the capital's sister cities — will ride in the Days of ‘47 Parade together. They will also conduct a tree-planting ceremony in the International Peace Gardens.
Leer más »