Boston Real Estate for Sale

Boston condo sellers: Did you know Gen Z ranked Boston one of the top 3 cities to live?

Boston Condos for Sale and Apartments for Rent


Boston condo sellers: Did you know Gen Z ranked Boston one of the top 3 cities to live?

Boston had one of the highest net migrations in the country among Gen Z adults, according to a recent analysis of where young adults are moving. 

The most desirable cities for young people have shifted in the last 10 years, the report from This Old House shows. In 2012, New York City; Columbia, South Carolina; and Washington, D.C., were the top net migration cities among millennials. 

In 2022, the top net migration cities among Gen Zers were Washington, D.C., Chicago and Boston. 

Boston’s Gen Z net migration of 12,794 allowed the city to move up one spot from No. 4 in 2021. 

“Gen Zers are moving in, while other generations are vacating their homes in big cities,” the report said. “Gen Z flocked to D.C. and Chicago in droves, while thousands of millennials, Generation X and baby boomers chose to leave those cities in 2022.”

Millennials are opting for tech hubs rather than some of the large cities preferred by Gen Z, the report found. 

The highest net migration among millennials in 2022 was found in Seattle; Austin, Texas; Nashville; Charlotte and Denver. 

Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114

Ford Realty Google Reviews 2000 - 2024

Ford Realty Inc 2024 Google Reviews

Click here to view Ford Realty Google Reviews

Where is Ford Realty Located?

Ford Realty is located in 137 Charles Street in Beacon Hill

Ford Realty – Condo for Sale Office


Boston condo sellers: Did you know Gen Z ranked Boston one of the top 3 cities to live?

Generation Z (Gen Z) is eager to put down their own roots in downtown Boston and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents’ roofs to owning their own homes, like a Beacon Hill condo.

If you’re a member of this generation, and you’re interested in pursuing your own dream of homeownership, here’s some information you may find helpful on why and where your peers are buying.

The Reasons Gen Z Want To Become Homeowners

A recent survey by Rocket Mortgage identifies some of the top motivators driving Gen Z buyers to purchase a home:

Of those surveyed, 34% said that starting or growing their family was their main motivation to buy a home. . . . Along with growing a family comes establishing a home base.”

Another key reason the survey says Gen Z wants to buy is because homeownership can give them more stability (20.8%). That’s because buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost.

When you have a fixed-rate mortgage on your home, you can lock in your monthly payment for the duration of your loan, often 15 to 30 years. If you keep renting, you don’t have that same benefit, and you won’t be protected from rising housing costs.

So, if you’re ready to start a new chapter in your life or if you’re craving more stability, know that your peers feel the same way, and those motivators are why they’re turning to homeownership.

Gen Z’s Next Stop: Where Are They Making Their Moves?

If those reasons have you feeling ready to buy a Boston condo for sale, here’s some information on where your peers are finding their homes that could help you with your search. According to a recent Lending Tree survey, Gen Z buyers are focusing on more affordable areas to help boost their buying power and offset the challenges that come with today’s mortgage rates.

Many Gen Z buyers still want the convenience and excitement of city life, but also value the affordability, open air, and space more suburban areas offer. Jacob Channel, Senior Economist at LendingTreeexplains:

. . . they want to live in a city, but they also want to be close to nature.”

Locating a home that offers both of those things requires expertise. Working with a trusted  Boton real estate broker can help you find a hon home me in your budget and desired area. Your agent will know the most affordable neighborhoods to search in. They can also highlight the amenities and features that location offers and how those are aligned with your goals. They’ll also be able to walk you through how things like remote work can help you cast a broader net for your Boston home search. 

Boston Condos for Sale and the Bottom Line

If you’re a member of Gen Z and are just getting started on your homebuying journey, or if you want to learn more about the process, let’s connect. That way, you have a guide to help you find a home that fits both your lifestyle and your budget.


Boston condo sellers: Did you know Gen Z ranked Boston one of the top 3 cities to live?

Boston was ranked No. 3 among the top 20 U.S. cities for Gen Z by CommercialCafe, thanks to its school enrollment, Gen Z population and green-commute options. 

Atlanta and Minneapolis were ranked No. 1 and 2, respectively, and most of the cities in the ranking were found in the Southeast, Northwest and Midwest. 

How were Gen Z cities ranked? 

The ranking measured cities by eight criteria: affordability, percentage of Gen Zers, school enrollment, unemployment rate, internet speed, recreational establishments, green commuting and parks per 10,000 residents. 

image 91
Boston condos for sale

Where does Boston rank for school enrollment for Gen Z?

Boston took the top spot in school enrollment, ranking as the most educated Gen Z population in all the cities in the survey with almost two-thirds of its Zoomers ages 20-24 enrolled in some form of education, according to the report. 

image 92
Boston condos for sale

How does Boston rank for green commuting for Gen Z?

Beantown also ranked second in Gen Z population and third in green commuting with its strong availability of green commute options.

image 93
Boston condos for sale

How did Boston rank for job opportunities for Gen Z?

Boston ranked 12th in unemployment.

image 94
Boston condos

How did Boston rank for parks/recreation and internet speed for Gen Z?

Boston ranked 16th by parks with 5.54 per 10,000 residents, 20th in recreational establishments and 10th in internet speed.

Livable Cities for Gen Z in 2022

image 89

Updated: Boston Real Estate Blog 2023

Click Here to view: Google Ford Realty Inc Reviews

image 90
Boston condos for sale

Ford Realty Inc., Office Locations

Call Now