Marin County Real Estate Blog

The Next Generation of Homebuyers Is Here

The Next Generation of
Homebuyers Is Here | MyKCM

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. The sooner you start planning, the sooner you can move on from renting.

As you set off on your journey and plan your next move, here are a few reasons to think about homebuying this year.

The Reasons Gen Z Want To Become Homeowners

While the majority of Gen Z haven't entered the housing market yet, a large portion plan to according to a realtor.com report. The report found that 72% of Gen Z would rather purchase a home than rent long-term. As George Ratiu, Manager of Economic Research for realtor.com, says:

With nearly three-quarters of those surveyed preferring to buy versus renting long-term, the housing industry should be prepared for millions of Gen Z buyers to bring a new wave of demand along a similar stage-of-life timeline as the millennial generation...

With Mortgage Rates Climbing, Now's the Time To Act

With Mortgage Rates Climbing,
Now's the Time To Act | MyKCM

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That's the highest point it's been in almost two years. If you're thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn't entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here's a look at the projections from Freddie Mac for this year:

  • Q1 2022: 3.4%
  • Q2 2022: 3.5%
  • Q3 2022: 3.6%
  • ...

Why Inflation Shouldn't Stop You from Buying a Home in 2022

Why Inflation Shouldn't Stop
You from Buying a Home in 2022 | MyKCM

If you're following along with the news today, you're probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you're thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during a period of high inflation, prices rise across the board. And while home prices aren't immune from this increase, here's why inflation shouldn't stop you from buying a home in 2022.

Homeownership Offers Stability and Security

Home prices have been increasing for quite some time, and experts say they're going to continue to climb throughout 2022. So, as a buyer, how can you protect yourself from rising costs for things like food,...

Current Homes for Sale
Southern Marin
City # Price Range
Belvedere 12 $3.5m - $39.5m
Mill Valley 44 $519k - $10.0m
Sausalito 8 $575k - $5.4m
Tiburon 20 $1.3m - $17.8m
Central & North Marin
City # Price Range
Corte Madera 6 $739k - $4.7m
Fairfax 9 $945k - $1.7m
Greenbrae 12 $160k - $2.3m
Kentfield 3 $2.3m - $8.0m
Larkspur 6 $1.3m - $5.4m
Novato 59 $385k - $2.7m
Ross 2 $3.0m - $7.4m
San Anselmo 16 $399k - $4.0m
San Rafael 95 $125k - $4.4m
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