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Members of Technology X nonetheless make up a big portion of homebuyers within the present market, in keeping with most surveys. LendingTree not too long ago ranked the most well-liked cities for Gen X homebuyers by analyzing mortgage provides given to customers of their platform throughout the nation’s 50 largest metropolitan areas in 2023.
Learn extra: Over 40% of Gen Z plans to purchase a house within the subsequent three years
Throughout the nation’s largest metro areas, 21.25% of mortgage provides in 2023 on the LendingTree platform went to Gen Xers. This group acquired greater than 20% of provided mortgages in 29 of the nation’s 50 largest metros.
In Miami, Las Vegas, and Riverside, California, Gen Xers made up the most important share of potential homebuyers. The common age amongst potential Gen X homebuyers within the prime three cities is 50.
Additionally learn: Are boomers too emotionally connected to checklist their properties?
Learn concerning the 20 hottest cities for Gen X homebuyers; all statistics are particular to potential Gen X homebuyers.
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