Ryan Serhant says his daughter will have to ‘figure it out’ as housing market resets for Gen Z

Overview

Ryan Serhant argues that affordability must be redefined as the housing market resets, with Gen Z as the primary new buyer group. He emphasizes that the strongest first-time homebuyer market is evolving and may require different expectations and strategies.

Key Points

Serhant asserts affordability should be reframed to reflect current market realities.
The prime first-time buyer segment is shifting, influenced by rising interest rates, prices, and economic factors.
Gen Z buyers are anticipated to face a different landscape compared to prior generations entering home ownership.

Quotes

“Affordability needs to be redefined as the housing market resets.”

“The strongest first-time homebuyer market is made up of Gen Z, but they will have to figure it out in a changing environment.”

Context

The article discusses market dynamics impacting first-time buyers and how Gen Z is positioned within a refreshed housing market.
It suggests that buyers may need to adapt expectations regarding price, financing, and inventory.

Implications

Buyers might pursue creative financing, longer time horizons, or different property types.
Real estate professionals may adjust guidance and outreach to Gen Z clients to reflect new market conditions.

Summary

The piece highlights a shifting first-time buyer landscape, urging redefining affordability and positioning Gen Z as the leading yet adapting cohort for a changing housing market.

Author’s Note

The author suggests Gen Z will need to navigate evolving conditions as housing dynamics reset.

Fox Business on MSN — 2025-12-07