Gen Z Archives - The Monica Foster Team

What Is Multigenerational Housing?

April 15, 2022 - General Information

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared [...] Read More

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Monica Foster April 15, 2022

The Next Generation of Homebuyers Is Here

January 25, 2022 - General Information

Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. [...] Read More

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Monica Foster January 25, 2022

Advice for First-Generation Homebuyers

December 14, 2021 - General Information

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, [...] Read More

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Monica Foster December 14, 2021

Is a 20% Down Payment Really Necessary To Purchase a Home?

September 22, 2021 - General Information

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a [...] Read More

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Monica Foster September 22, 2021

More Young People Are Buying Homes

August 19, 2021 - General Information

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains [...] Read More

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Monica Foster August 19, 2021

The Truths Young Homebuyers Need To Hear

July 7, 2021 - General Information

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated [...] Read More

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Monica Foster July 7, 2021

Knowledge Is Power on the Path to Homeownership

December 1, 2020 - General Information

Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold [...] Read More

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Monica Foster December 1, 2020

Buyer Interest Is Growing among Younger Generations

October 30, 2020 - General Information

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a [...] Read More

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Monica Foster October 30, 2020

Two Big Myths in the Homebuying Process

March 17, 2020 - General Information

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in [...] Read More

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Monica Foster March 17, 2020

Confidence Is the Key to Success for Young Homebuyers

March 11, 2020 - General Information

Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three [...] Read More

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Monica Foster March 11, 2020

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