A new analysis from LendingTree revealed Gen Zers account for nearly 15% of potential homebuyers across the 50 largest metros in the U.S., a figure experts say will likely grow over the coming years. Click through to learn which metros are the least and most popular for Gen Z buyers across the nation.

According to Realtor.com’s data, Western shoppers are the most likely to look for out-of-market homes, but Northeastern shoppers sit closely behind in second place. Here's what else the report reveals.

“It's crucial, especially in higher-rate environments, for Americans to talk to a mortgage advisor who can help prepare buyers for the homebuying process, work to determine how much a person can afford and clear up the misconceptions about the many paths to homeownership that exist," said Thomas Parrish, Head of U.S. Retail Lending Product Management at BMO.

A new study from LendingTree details how buying is only one part of the battle, and once purchased, buyers often face a litany of new challenges that come with being a homeowner.

"Understanding all the costs that come with homeownership can not only impact a buyer's budget, but the type of home they shop for, too," said Zillow home trends expert Amanda Pendleton.

"Lenders saw opportunities dwindle even more during the first quarter as the longest slowdown in mortgage activity in at least 20 years continued," said Rob Barber, CEO at ATTOM.

“Weakening home price growth for the past 12 months is increasing the odds that we may not see a new home price peak this year, for the first time in the history of our listing data, which dates back to mid-2016, and this is likely welcome news to homeshoppers," said Danielle Hale, Chief Economist for Realtor.com.

“Affordability declined month-over-month in all of the 50 markets we track, but some markets saw a much sharper decline than others,” said First American Chief Economist Mark Fleming.

"High incomes and homeownership gains may overshadow the significant housing affordability challenges still faced by many AAPI households," concluded Nicole Bachaud, Senior Economist at Zillow.

“The modest increases in home prices we saw a month ago accelerated in March 2023,” says Craig J. Lazzara, Managing Director at S&P DJI. “The National Composite rose by 1.3% in March, and now stands only 3.6% below its June 2022 peak.”