B
enzinga and Yahoo Finance LLC may receive commissions on the links below. For Gen Z and younger millennials, buying a home feels almost impossible. With mortgage rates at 6.35% and the median U.S. home price above $415,000 (National Association of Realtors), many choose to rent longer or stay with family to cut costs. Yet longtime real‑estate executive Pamela Liebman, CEO of The Corcoran Group, told Fortune that today’s young buyers face challenges similar to those baby boomers faced decades ago. “It’s just as tough,” she said. “Back then it was even harder because there were fewer neighborhoods to choose from.” Liebman, who entered the industry in 1984 at age 23, recalled a time when neighborhoods like the Meatpacking District were not yet coveted and many Brooklyn areas were not on people’s wish lists. She notes that while prices and rates are high, younger buyers now have more options, though finding good rentals or starter apartments remains difficult. As mortgage rates begin to fall, she expects more inventory as homeowners lock in low‑rate mortgages and consider selling. This could increase market activity, though it may not lower prices or ease entry for new buyers. Those awaiting lower rates will also be active purchasers. Arrived Home’s Private Credit Fund offers an 8.1 % annualized dividend yield on short‑term residential‑real‑estate‑backed loans, with a $100 minimum. Meanwhile, Deloitte’s top software company is opening a $0.50‑per‑share round for accredited investors.