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More than one-third (36%) of Gen Zers and millennials who plan to buy a home soon expect to receive a cash gift from family to help fund their down payment. That’s according to a Redfin-commissioned survey conducted by Qualtrics in February 2024. The nationally representative survey was fielded to 3,000 U.S. homeowners and renters.  Young homebuyers […]

More Than 1/3 of Gen Z and Millennial Homebuyers Plan to Use Family Money For Down Payment

Market Update