jls_relo_logo_wt2023jls_relo_logo_wt2023MILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIPMILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIP
  • Home
  • Relocation Services
  • Search Homes
  • National & International
  • Resources
    • Communities
    • Cost of Living
    • News Blog
  • Contact Us
✕
Boeing confirms deal for 72 jets, expanding its presence in India
December 16, 2021
Barry’s Buzz- December 2021
December 16, 2021
Published by jlspr on December 16, 2021
Categories
  • Industry Trends
  • Market Update
Tags

Happy millennial friends having fun with mobile phone after lockdown reopening - Joyful guys and girls spending fancy time together at university college break - Warm bright filter

MILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIP

 

The affordability issues in the housing market aren’t going away for younger buyers. The financial challenges hindering millennial homeownership have been well documented between overwhelming student loan debt and record-level home prices. However, some within the cohort are carving their own path to the American dream through teamwork.

“Affordability is a key issue for young buyers or first-time homebuyers entering into the market with limited housing inventory, so pooling incomes with a roommate becomes a really good solution for many buyers to be able to enter into the housing market,” says Jessica Lautz, vice president of Demographics and Behavioral Insights for National Association of REALTORS® (NAR)….Read More

 

More great articles below:
  • Has the Housing Market Peaked? That May Depend on Where You Live?
  • FHFA: Government to back mortgages up to $970,800 in 2022
  • Residential construction jobs slowly return
  • SALT LAKE CITY PROJECTED TO BE 2022 TOP HOUSING MARKET

 

Share
0
jlspr
jlspr

Related posts

Photo by Kevin Bhagat

May 16, 2023

The fight to end hybrid work is showing up in job postings


Read more

Photo by name_ gravity

April 17, 2023

See the fastest growing (and shrinking) U.S. states


Read more

Photo by Guilherme Stecanella

March 14, 2023

2023’s Happiest Cities in America


Read more
© 2021 | John L. Scott Relocation